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Sector Update: Consumer Stocks Rise in Afternoon Trading
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Sector Update: Consumer Stocks Rise in Afternoon Trading
Apr 11, 2025 11:22 AM

01:56 PM EDT, 04/11/2025 (MT Newswires) -- Consumer stocks rose Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1%.

In corporate news, TreeHouse Foods ( THS ) affirmed its full-year outlook and announced cost reductions, including job cuts. The shares jumped 7.9%.

Harley-Davidson ( HOG ) is weighing options for Harley-Davidson Financial Services, including a potential sale that may fetch at least $1 billion, Bloomberg reported. Harley-Davidson ( HOG ) shares rose 4.5%.

Five Below ( FIVE ) shares fell 3.1%. The company asked its vendors to suspend cargo shipments from China, Bloomberg reported.

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