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Sector Update: Consumer
Nov 14, 2024 4:19 PM

01:30 PM EST, 11/14/2024 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.7%.

In corporate news, Walt Disney ( DIS ) shares jumped past 6%. The company's fiscal Q4 results exceeded market expectations buoyed by its streaming business, while the media and entertainment giant said it expects adjusted earnings growth in fiscal 2025 year over year.

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