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Sector Update: Consumer

Jun 6, 2025 12:45 PM

03:27 PM EDT, 06/06/2025 (MT Newswires) -- Consumer stocks were advancing late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.4%.

In corporate news, Amazon.com ( AMZN ) shares rose 2.4%. The company has vowed to "enhance" its systems to tackle fake reviews on its online marketplace, the UK Competition and Markets Authority said.

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