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Sector Update: Consumer
Dec 31, 2024 6:08 AM

08:30 AM EST, 12/31/2024 (MT Newswires) -- Consumer stocks rose in Tuesday's pre-bell hours as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.8% higher recently.

Archer-Daniels-Midland's ( ADM ) Chief Executive Juan Luciano is being urged to resign as the market is acting "increasingly negatively" toward the company after a law enforcement probe into its internal pricing of inter-company transactions, shareholder Hartwig Fuchs said in a LinkedIn post. Archer-Daniels-Midland ( ADM ) shares were slightly lower premarket.

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