Sector Update: Consumer-March 2024-www.financetom.com

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Sector Update: Consumer

Oct 17, 2024 1:52 PM

03:26 PM EDT, 10/16/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%.

In corporate news, British American Tobacco ( BTI ) plans to introduce a version of its Velo nicotine pouches containing synthetic nicotine in the US, Reuters reported. Its shares rose 1.2%.

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