financetom
Business
financetom
/
Business
/
Sector Update: Consumer Stocks Lower Pre-Bell Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Lower Pre-Bell Tuesday
Jan 28, 2025 6:57 AM

09:16 AM EST, 01/28/2025 (MT Newswires) -- Consumer stocks were lower pre-bell Tuesday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was 0.4% lower and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was 0.1% lower recently.

Royal Caribbean Group (RCL) shares were up over 4% after the company reported higher Q4 adjusted net income and revenue.

Kimberly-Clark ( KMB ) shares fell by over 1% after the company reported lower Q4 adjusted earnings and net sales.

Sysco ( SYY ) shares were down more than 3% even after the company reported higher fiscal Q2 adjusted earnings and sales.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Wall Street bonuses will rise for the first time since 2021, consultant says
Wall Street bonuses will rise for the first time since 2021, consultant says
Nov 12, 2024
NEW YORK (Reuters) - Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. Payouts will probably rise after financiers benefited from several factors in recent months: a recovery in dealmaking, the Federal Reserve cutting interest rates and equity markets...
Commerzbank on Overnight News
Commerzbank on Overnight News
Nov 12, 2024
06:43 AM EST, 11/12/2024 (MT Newswires) -- Commerzbank in its European Sunrise note of Tuesday highlighted: Markets: United States Treasuries are supported. US equities pare gains, Asia trades softer. The US dollar stays supported with EUR below $1.065. Bitcoin surges above $88,000, oil weakens. US: Republicans win majority in House according to DDHQ. Incoming President Donald Trump to pick Mick...
EU calls on Apple to stop geo-blocking practices on Apple Media Services
EU calls on Apple to stop geo-blocking practices on Apple Media Services
Nov 12, 2024
BRUSSELS, Nov 12 (Reuters) - The European Commission said on Tuesday that along with national authorities it was calling upon Apple ( AAPL ) to stop geo-blocking practices on Apple Media Services. Geo-blocking is the practice of restricting content according to a user's geographical location. ...
BeiGene Swings to Q3 Net Loss, Revenue Rises
BeiGene Swings to Q3 Net Loss, Revenue Rises
Nov 12, 2024
06:43 AM EST, 11/12/2024 (MT Newswires) -- BeiGene Ltd ( BGNE ) reported a Q3 net loss Tuesday of $1.15 per American depositary share, swinging from earnings of $2.01 a year earlier. Analysts polled by Capital IQ expected a loss of $0.99. Revenue for the quarter ended Sept. 30 was $1 billion, up from $781.3 million a year earlier. Analysts...
Copyright 2023-2026 - www.financetom.com All Rights Reserved