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Sector Update: Consumer
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Sector Update: Consumer
Dec 27, 2024 10:48 AM

01:28 PM EST, 12/27/2024 (MT Newswires) -- Consumer stocks were in the red Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.9%.

In corporate news, Lamb Weston ( LW ) shareholder Jana Partners has added Jeff Delapp to its slate of nominees for a potential overhaul of the board at the company, according to a regulatory filing. Lamb Weston ( LW ) shares rose about 4%.

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