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Sector Update: Consumer
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Sector Update: Consumer
Jun 4, 2025 10:55 AM

01:22 PM EDT, 06/04/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) fractionally higher.

In corporate news, Dollar Tree ( DLTR ) forecast an earnings decline of up to 50% for the current quarter amid the impact of tariffs, taking the shine off better-than-expected fiscal Q1 results. Its shares dropped nearly 7%.

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