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Sector Update: Consumer
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Sector Update: Consumer
Nov 19, 2024 4:48 PM

03:30 PM EST, 11/18/2024 (MT Newswires) -- Consumer stocks rose late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each rising 0.7%.

In corporate news, Warner Bros. Discovery ( WBD ) and the National Basketball Association said Monday they have resolved all disputes regarding the league's recent media deals and that they agreed to extend their media partnership by another 11 years. Warner shares popped 3%.

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