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Sector Update: Consumer
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Sector Update: Consumer
Feb 27, 2025 10:41 AM

01:28 PM EST, 02/27/2025 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%.

In corporate news, Warner Bros. Discovery's ( WBD ) Q4 loss widened unexpectedly as sales declined more than market estimates, but the media and entertainment giant saw gains in subscribers on annual and sequential bases and projected continuous growth for the metric. Its shares jumped past 11%.

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