From Nasdaq, Inc.:

Consumer stocks decreased on Tuesday, with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling. Redbook US same-store sales in the week ending Jan. 6 rose 5.9% from a year earlier.

Albertsons reported better-than-expected fiscal Q3 results due to pharmacy sales growth and increased digital reach. United Airlines found loose bolts in its preliminary inspections of its Boeing 737 MAX 9 fleet, while Urban Outfitters saw a 10% increase in net sales for the holiday shopping season.



Read more: Consumer Sector Update for 01/09/2024: ACI, UAL, ALK, URBN