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Sector Update: Consumer
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Sector Update: Consumer
Oct 18, 2024 10:54 AM

01:28 PM EDT, 10/18/2024 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.

In corporate news, Procter & Gamble's ( PG ) Q1 earnings topped market estimates while revenue fell short of expectations as the company reiterated its guidance for the ongoing fiscal year. Its shares were fractionally lower.

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