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Sector Update: Consumer
Aug 8, 2025 12:46 PM

03:22 PM EDT, 08/08/2025 (MT Newswires) -- Consumer stocks advanced late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.2%.

In corporate news, Sweetgreen ( SG ) shares tumbled 26%, a day after the company posted a wider-than-expected loss and revenue miss in Q2 and lowered 2025 guidance.

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