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Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday
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Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday
Jul 17, 2024 6:38 AM

09:11 AM EDT, 07/17/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday, with The Consumer Staples Select Sector SPDR Fund ( XLP ) marginally advancing and The Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.8%.

VF (VFC) stock was up over 8% after the company said it entered into a definitive agreement to sell its Supreme brand to EssilorLuxottica for $1.50 billion in cash.

Abercrombie & Fitch ( ANF ) will replace Equitrans Midstream (ETRN) in the S&P MidCap 400 index, effective before the opening of trading on July 22, S&P Dow Jones Indices said. Abercrombie & Fitch ( ANF ) shares were down more than 1.5% premarket.

British union GMB narrowly lost a vote to unionize at Amazon's ( AMZN ) Coventry warehouse after a ballot fell short of a majority, according to media reports. Amazon ( AMZN ) stock was 0.8% lower pre-bell.

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