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Sector Update: Consumer
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Sector Update: Consumer
Nov 3, 2024 11:52 AM

03:28 PM EDT, 10/25/2024 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.2%.

In corporate news, Colgate-Palmolive ( CL ) reported better-than-expected Q3 results, buoyed by pricing and volume gains, and the company boosted the low end of its full-year earnings growth outlook range. The shares still fell 3.9%.

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