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Sector Update: Consumer
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Sector Update: Consumer
Dec 19, 2024 10:57 AM

01:32 PM EST, 12/19/2024 (MT Newswires) -- Consumer stocks edged higher Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) both up 0.1%.

In corporate news, Darden Restaurants ( DRI ) lifted its full-year revenue outlook as the restaurant operator recorded better-than-expected fiscal Q2 results. The shares jumped 15%.

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