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

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Sector Update: Consumer

Oct 31, 2024 2:05 AM

01:33 PM EDT, 10/30/2024 (MT Newswires) -- Consumer stocks were higher Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up fractionally and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.

In corporate news, Wingstop ( WING ) shares (WING) plunged nearly 20% after the fast-food restaurant's Q3 earnings missed forecasts, while Shake Shack ( SHAK ) shares jumped 10% after it delivered a quarterly beat.

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