Sector Update: Consumer-January 2024-www.financetom.com

Market

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Sector Update: Consumer

Jan 21, 2025 12:41 PM

03:26 PM EST, 01/21/2025 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.4%.

In corporate news, Southwest Airlines ( LUV ) is cutting 270 pilot positions in Denver and Atlanta. The shares rose 2.8%.

Previous page： EMERGING MARKETS-Stocks, FX steady ahead of US data; geopolitics in focus as rouble falls Next page： Euro zone bond yields steady before US inflation test

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.

Show More Comments

Related Articles >

EMERGING MARKETS-Stocks, FX steady ahead of US data; geopolitics in focus as rouble falls

Aug 13, 2024

(Updated at 0840 GMT) * Rouble weakens past 92 per dollar * Fitch downgrades Israel's credit rating * MSCI reclassifies Kenya indexes * MSCI EM stocks, FX indexes both up 0.06% By Lisa Pauline Mattackal Aug 13 (Reuters) - Emerging market stocks were little changed on Tuesday as investors awaited key data this week for clues on the health of...

Euro zone bond yields steady before US inflation test

Aug 13, 2024

(Updates at 1013 GMT) By Samuel Indyk LONDON, Aug 13 (Reuters) - Euro zone bond yields were little changed on Tuesday as recent volatility in financial markets continued to ebb, with markets waiting for the release of U.S. inflation data for hints on when the Federal Reserve might ease policy. Focus is turning to Wednesday's U.S. consumer price figures, with...

Home Depot cuts annual sales, profit targets as consumer spending lags

Aug 13, 2024

(Reuters) -Home Depot ( HD ) forecast a decline in annual profit and a bigger drop in its annual comparable sales on Tuesday, as hopes of a recovery in demand for home improvement projects fall due to higher borrowing costs. Shares of the Dow component fell about 2% in premarket trading as the company also reported a bigger-than-expected drop in...

US STOCKS-Futures rise as PPI set to kick off data deluge

Aug 13, 2024

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.16%, S&P 500 0.34%, Nasdaq 0.52% Aug 13 (Reuters) - Futures tied to Wall Street's main indexes rose on Tuesday ahead of producer prices data that will likely offer some clues on the progress in the...