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Sector Update: Consumer Stocks Lean Lower Pre-Bell Friday
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Sector Update: Consumer Stocks Lean Lower Pre-Bell Friday
Nov 15, 2024 12:34 PM

09:08 AM EST, 11/15/2024 (MT Newswires) -- Consumer stocks were leaning lower pre-bell Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) slightly declined and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently down 0.3%.

RLX Technology ( RLX ) shares advanced by over 6% after the company reported higher Q3 non-GAAP net income and revenue.

Spectrum Brands ( SPB ) shares fell past 8% after the company reported a decline in fiscal Q4 adjusted earnings.

Alibaba Group Holding ( BABA ) shares were up 0.5% after the company reported a higher fiscal Q2 revenue.

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