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

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Sector Update: Consumer

Jun 20, 2025 10:41 AM

01:15 PM EDT, 06/20/2025 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

In corporate news, GMS (GMS) shares jumped 25% after QXO (QXO) offered to purchase the building products distributor for roughly $5 billion earlier in the week. Separately, media outlets reported that Home Depot (HD) has submitted its own takeover offer for GMS.

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