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Sector Update: Consumer Stocks Flat to Lower Pre-Bell Friday
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Sector Update: Consumer Stocks Flat to Lower Pre-Bell Friday
Dec 20, 2024 6:08 AM

08:59 AM EST, 12/20/2024 (MT Newswires) -- Consumer stocks were flat to lower pre-bell Friday with the Consumer Staples Select Sector SPDR Fund ( XLP ) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) inactive recently.

NIKE ( NKE ) shares declined by nearly 6% after the company reported lower fiscal Q2 earnings and revenue.

Amazon.com ( AMZN ) employees at seven of its US warehouses went on strike Thursday to protest what they described as labor abuses, news outlets reported. Amazon.com ( AMZN ) shares fell nearly 2% premarket.

Winnebago Industries ( WGO ) shares declined by nearly 5% after the company reported a swing to an adjusted net loss in fiscal Q1 as revenue fell during the period.

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