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Sector Update: Consumer
Jul 22, 2024 1:56 PM

03:29 PM EDT, 07/22/2024 (MT Newswires) -- Consumer stocks rose late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.3%.

In corporate news, Tesla (TSLA) is expected to top expectations for Q2 earnings with gross margins a major focus, Wedbush said in a report. Tesla shares jumped 5.3%.

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