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Sector Update: Consumer
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Sector Update: Consumer
May 30, 2025 12:37 PM

03:29 PM EDT, 05/30/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Rivian Automotive ( RIVN ) aims to raise up to $2 billion in a potential bond sale led by JPMorgan Chase (JPM), Bloomberg reported. Rivian shares fell 3.1%.

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