financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Nov 12, 2024 3:44 PM

03:33 PM EST, 11/12/2024 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.2%.

Redbook US same-store sales last week rose 4.8% from a year earlier, slower than the 6% increase in the previous week.

In corporate news, Live Nation (LYV) shares jumped 4.5%, a day after the company reported strong demand in the current quarter and into 2025 for its Ticketmaster sales segment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved