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Sector Update: Consumer
Aug 15, 2024 6:25 AM

08:50 AM EDT, 08/15/2024 (MT Newswires) -- Consumer stocks rose pre-bell Thursday, with The Consumer Staples Select Sector SPDR Fund (XLP) and The Consumer Discretionary Select Sector SPDR Fund (XLY) up 1.2%.

Walmart ( WMT ) shares were up over 8% after the company posted higher fiscal Q2 revenue and raised its fiscal 2025 adjusted earnings guidance.

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