financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
Feb 25, 2025 1:02 PM

03:41 PM EST, 02/25/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) rising 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.7%.

Redbook US same-store sales last week rose by 6.2% from a year earlier, slower than the 6.3% increase in the previous week.

In sector news, Tesla (TSLA) shares fell 8.8% after data showed European new car registrations for the electric vehicle maker in January tumbled 45% from a year earlier.

Dream Finders Homes ( DFH ) shares jumped 19% after the company reported Q4 earnings and revenue that topped estimates by analysts.

Home Depot ( HD ) reported Q4 results above Wall Street's estimates while issuing full-year earnings guidance below expectations amid cautious consumer spending on large remodeling projects. The shares rose 2.7%.

Krispy Kreme (DNUT) shares fell 22% after Q4 earnings unexpectedly declined following a cyberattack late last year, while the company offered a disappointing full-year outlook.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Equity Markets Mixed Ahead of Nvidia Earnings
Equity Markets Mixed Ahead of Nvidia Earnings
Nov 20, 2024
03:45 PM EST, 11/20/2024 (MT Newswires) -- US benchmark equity indexes were mixed ahead of Wednesday's close as investors parsed the latest corporate earnings and awaited Nvidia's (NVDA) results. The Nasdaq Composite was down 0.3% at 18,937.2, while the S&P 500 fell 0.1% to 5,911.5. The Dow Jones Industrial Average rose 0.3% to 43,398.8. Among sectors, consumer discretionary saw the...
Sector Update: Health Care Stocks Advance Late Afternoon
Sector Update: Health Care Stocks Advance Late Afternoon
Nov 20, 2024
03:45 PM EST, 11/20/2024 (MT Newswires) -- Health care stocks were higher late Wednesday afternoon, with the NYSE Health Care Index up 0.8% and the Health Care Select Sector SPDR Fund (XLV) adding 0.9%. The iShares Biotechnology ETF (IBB) rose 0.7%. In corporate news, PainReform's ( PRFX ) shares tumbled 26% after the company blamed an incoherence of data for...
US Equities Markets End Mixed Wednesday Ahead of Nvidia Earnings
US Equities Markets End Mixed Wednesday Ahead of Nvidia Earnings
Nov 20, 2024
03:59 PM EST, 11/20/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Wednesday as investors parsed the latest corporate earnings and awaited Nvidia's (NVDA) results. * Chip-making giant Nvidia is scheduled to report its fiscal Q3 results after Wednesday's closing bell, along with companies such as Palo Alto Networks (PANW) and Snowflake (SNOW). * The Federal Reserve will likely...
US STOCKS-Nasdaq ends lower, S&P flat, investors watch Russia-Ukraine, await Nvidia earnings
US STOCKS-Nasdaq ends lower, S&P flat, investors watch Russia-Ukraine, await Nvidia earnings
Nov 20, 2024
* Target ( TGT ) plunges after muted holiday-quarter sales forecast * Nvidia ( NVDA ) slips before results due after market close (Updates prices and market activity to the close) By Abigail Summerville and Lisa Pauline Mattackal Nov 20 (Reuters) - The tech-heavy Nasdaq closed lower on Wednesday, taking a break from the prior session's rally as investors worried...
Copyright 2023-2026 - www.financetom.com All Rights Reserved