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Sector Update: Consumer Stocks Mixed Pre-Bell Friday
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Sector Update: Consumer Stocks Mixed Pre-Bell Friday
Oct 11, 2024 6:36 AM

09:15 AM EDT, 10/11/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday with the Consumer Staples Select Sector SPDR Fund ( XLP ) 0.2% higher and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.9% lower recently.

PDD Holdings' ( PDD ) shopping website Temu received a request from the European Commission for information on actions taken against the presence and reappearance of traders selling illegal products on its online marketplace. PDD Holdings ( PDD ) shares were over 2% lower premarket.

Amazon.com ( AMZN ) is considering only wind and solar to offer renewable power for projects in Asia, Bloomberg reported. Amazon.com ( AMZN ) shares were 0.2% higher pre-bell.

La-Z-Boy ( LZB ) appointed Taylor Luebke as chief financial officer, effective Jan. 1, succeeding Bob Lucian, who is retiring. La-Z-Boy ( LZB ) shares were 0.8% higher premarket.

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