Sector Update: Consumer-February 2024-www.financetom.com

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Sector Update: Consumer

Jun 5, 2025 10:41 AM

01:23 PM EDT, 06/05/2025 (MT Newswires) -- Consumer stocks were lower Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%.

In corporate news, Kimberly-Clark ( KMB ) has agreed to form a $3.4 billion international tissue and professional products joint venture with Brazilian pulp producer Suzano (SUZ), the companies said Thursday. Kimberly-Clark ( KMB ) shares were falling 2%.

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