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Sector Update: Consumer
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Sector Update: Consumer
May 29, 2025 12:43 PM

03:26 PM EDT, 05/29/2025 (MT Newswires) -- Consumer stocks advanced late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally higher.

In corporate news, United Airlines (UAL) Chief Executive Scott Kirby said Thursday at a conference that flight disruptions and air traffic control outages at its Newark, New Jersey, hub will cause the company's Q2 profit to fall below expectations, Bloomberg reported. United shares were rising 1.3%.

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