Sector Update: Consumer Stocks Steady Pre-Bell Monday-March 2024-www.financetom.com

Sector Update: Consumer Stocks Steady Pre-Bell Monday

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Sector Update: Consumer Stocks Steady Pre-Bell Monday

Jul 22, 2024 6:32 AM

09:05 AM EDT, 07/22/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Monday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was up a slight 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently inactive.

Vista Outdoor ( VSTO ) advanced more than 2% after saying it signed a deal to increase its selling price for its Kinetic Group business to Czechoslovak Group by $50 million.

Goodyear Tire & Rubber ( GT ) was up more than 1% after saying it has agreed to sell the Off-the-Road tire business to Yokohama Rubber for $905 million in cash.

PulteGroup ( PHM ) said Chief Financial Officer Bob O'Shaughnessy plans to retire at the end of 2025. PulteGroup ( PHM ) was more than 2% lower premarket.

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