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Sector Update: Consumer
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Sector Update: Consumer
Oct 17, 2024 2:52 PM

01:29 PM EDT, 10/14/2024 (MT Newswires) -- Consumer stocks were rising Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%.

In corporate news, Southwest Airlines ( LUV ) shareholder Elliott Investment Management said Monday it has requested a special meeting of shareholders to allow them to elect a new slate of director nominees. Southwest ( LUV ) shares were down about 2%.

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