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Sector Update: Consumer
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Sector Update: Consumer
Oct 23, 2024 6:14 AM

08:50 AM EDT, 10/23/2024 (MT Newswires) -- Consumer stocks fell in Wednesday's premarket hours as the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.7% lower recently.

McDonald's (MCD) shares declined by over 6% after the US Centers for Disease Control and Prevention said an E. coli outbreak in 10 states is linked to the company's Quarter Pounder burgers.

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