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Sector Update: Consumer
Nov 4, 2024 11:17 AM

01:31 PM EDT, 11/01/2024 (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) climbing 1.9%.

In corporate news, Charter Communications' ( CHTR ) Q3 results increased year over year and topped market estimates, buoyed by double-digit revenue gains in residential mobile services and advertising. Its shares jumped past 13%.

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