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Sector Update: Consumer

Dec 30, 2024 11:00 AM

01:32 PM EST, 12/30/2024 (MT Newswires) -- Consumer stocks were sliding Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.2%.

In corporate news, Vivid Seats ( SEAT ) is considering a sale after receiving takeover interest, Bloomberg reported. Vivid shares surged 20%.

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