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Sector Update: Consumer
Dec 26, 2024 5:56 AM

08:36 AM EST, 12/26/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Thursday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% lower recently.

Alibaba Group ( BABA ) agreed to merge its South Korean operations with E-Mart's e-commerce platform, Gmarket, news outlets reported, citing a company regulatory filing. Alibaba Group Holding ( BABA ) shares were 0.4% higher premarket.

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