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Sector Update: Consumer
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Sector Update: Consumer
Mar 24, 2026 1:04 PM

03:41 PM EDT, 03/24/2026 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) edging up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.3%.

Redbook US same-store sales last week rose 6.7% from a year earlier after a 6.4% increase in the previous week.

In corporate news, Ralph Lauren ( RL ) shares rose 2% after Citigroup upgraded the stock to buy from neutral and boosted its price target to $400 from $360.

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