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Sector Update: Consumer
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Sector Update: Consumer
Mar 20, 2025 11:15 AM

01:36 PM EDT, 03/20/2025 (MT Newswires) -- Consumer stocks fell Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%.

In corporate news, Tesla (TSLA) is recalling up to 46,000 Cybertrucks to fix the cant rail, a stainless-steel exterior trim panel that may "detach from the vehicle," according to a notification from the US National Highway Traffic Safety Administration. Tesla shares fell 0.3%.

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