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Sector Update: Consumer

Mar 14, 2024 10:55 AM

01:34 PM EDT, 03/14/2024 (MT Newswires) -- Consumer stocks fell Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) both own 1%.

In corporate news, Fisker ( FSR ) shares plunged 52%. The company hired advisers to help prepare for a possible bankruptcy filing, the Wall Street Journal reported late Wednesday.

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