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Sector Update: Consumer
Dec 16, 2024 1:07 PM

03:35 PM EST, 12/16/2024 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.2%.

In corporate news, Walmart's ( WMT ) unit Walmex could be fined up to 8% of its income if it doesn't comply with a resolution prohibiting the company from engaging in certain conduct, Reuters reported Monday, citing a statement from Mexico's antitrust watchdog Cofece. Walmart ( WMT ) shares were rising 0.8%.

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