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Sector Update: Consumer
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Sector Update: Consumer
Apr 8, 2025 1:14 PM

03:33 PM EDT, 04/08/2025 (MT Newswires) -- Consumer stocks were decreasing late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2.1%.

Redbook US same-store sales accelerated by 7.2% from a year earlier in the week ended April 5 after a 4.8% year-over-year increase in the previous week.

In corporate news, Constellation Brands ( STZ ) is scaling back on its diversity, equity, and inclusion efforts after engaging with anti-DEI activist Robby Starbuck, Bloomberg reported. Constellation shares were down 1.1%.

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