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Sector Update: Consumer
Feb 18, 2025 12:46 PM

03:28 PM EST, 02/18/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.6%.

In corporate news, Ford (F) will not pay stock bonuses to almost half of middle managers this year as part of Chief Executive Officer Jim Farley's attempts to cut costs, Reuters reported. Ford shares rose 1.3%.

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