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Sector Update: Consumer
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Sector Update: Consumer
Jan 2, 2025 1:00 PM

03:30 PM EST, 01/02/2025 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.3%.

In corporate news, Amazon's ( AMZN ) motion to dismiss an antitrust lawsuit filed by Beyond's (BYON) Zulily unit was partially denied as the US District Court for the Western District of Washington rejected its claim that the plaintiff lacks antitrust standing. Amazon ( AMZN ) shares rose 0.5%, and Beyond jumped 15%.

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