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Sector Update: Consumer
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Sector Update: Consumer
Jan 22, 2025 12:46 PM

03:27 PM EST, 01/22/2025 (MT Newswires) -- Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%.

Redbook US same-store sales last week rose 4.5% from a year earlier after a 4% increase in the previous week.

In corporate news, Home Depot ( HD ) announced partnerships with Uber ( UBER ) and DoorDash's ( DASH ) delivery services on Wednesday, expanding its one-hour delivery options for home improvement shoppers. Home Depot ( HD ) shares were down 2%, Uber ( UBER ) rose 0.3% and DoorDash ( DASH ) added 0.2%.

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