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Sector Update: Consumer
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Sector Update: Consumer
Mar 14, 2024 1:26 PM

03:31 PM EDT, 03/14/2024 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each shedding 0.9%.

In corporate news, Comcast ( CMCSA ) shares fell 1.7% and Cable One ( CABO ) slumped 6.6% after the US Federal Communications Commission adopted a rule requiring cable and satellite TV providers to display the total price of their video programming service, with no hidden fees, in ads and subscribers' bills.

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