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Sector Update: Consumer
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Sector Update: Consumer
Nov 2, 2024 8:05 PM

08:53 AM EDT, 10/24/2024 (MT Newswires) -- Consumer stocks were edging higher premarket Thursday, with The Consumer Staples Select Sector SPDR Fund (XLP) advancing marginally and The Consumer Discretionary Select Sector SPDR Fund (XLY) up nearly 2%.

Unilever ( UL ) shares were up past 2% after the company reported a Q3 turnover of 15.2 billion euros ($16.42 billion), unchanged from a year earlier, while underlying sales for the quarter grew by 4.5%.

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