01:32 PM EDT, 10/11/2024 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.
In corporate news, Tesla (TSLA) shares tumbled 7.8%. The company's "We, Robot" event lacked details and updates on several important fronts, leaving analysts at Morgan Stanley and Oppenheimer disappointed.