03:48 PM EDT, 08/13/2024 (MT Newswires) -- Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index was climbing 1.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.8%. Bitcoin (BTC-USD) was gaining 2.1% to $60,590, and...

Chewy Inc. ( CHWY ) is enjoying upward momentum as part of a broader rally across the retail, e-commerce and consumer discretionary sectors. This rally was spurred by the release of softer-than-expected July Producer Price Index (PPI) figures. What To Know: The latest PPI report indicated a slower rise in producer prices than anticipated. The PPI for final demand increased...

03:25 PM EDT, 08/13/2024 (MT Newswires) -- Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) ahead 0.7%. The Philadelphia Housing Index was climbing 1.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 0.8%. Bitcoin (BTC-USD) was gaining 2.1% to $60,590, and...

03:49 PM EDT, 08/13/2024 (MT Newswires) -- Consumer stocks were higher late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2.3%. Redbook US same-store sales increased 4.7% from a year earlier in the week ended Aug. 10 after a 5.1% year-over-year increase in the previous...