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Sector Update: Consumer
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Sector Update: Consumer
Dec 20, 2024 12:52 PM

03:20 PM EST, 12/20/2024 (MT Newswires) -- Consumer stocks were rising late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.1%.

In corporate news, Winnebago Industries ( WGO ) tightened its full-year earnings outlook on Friday as it swung to a fiscal Q1 loss amid subdued consumer demand and a cautious dealer network. Its shares fell 3%.

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