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Sector Update: Consumer
Jan 16, 2025 10:58 AM

01:33 PM EST, 01/16/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.6%.

In corporate news, Target ( TGT ) held its Q4 earnings forecast steady despite sweetening its comparable sales guidance amid better-than-expected holiday sales performance in what Truist Securities said likely reflects competitive pressures. Target ( TGT ) shares were down 1.3%.

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