From Nasdaq: 2024-07-30 15:53:57

Consumer stocks like XLP and XLY saw a 0.6% decline late Tuesday. Redbook US same-store sales rose 4.5% last week, following a 4.9% increase the previous week.

JetBlue Airways (JBLU) deferred $3 billion in expenditures to 2029 for cash flow improvement. The airline reported a surprise profit in Q2, leading to a 12% stock jump. Amazon (AMZN) faces US legal responsibilities for over 400,000 hazardous products sold on its platform by third parties. Amazon shares dropped 0.7%.

Vista Outdoor (VSTO) shares surged 5% as its board explores options, including selling its Revelyst unit. Procter & Gamble (PG) saw core earnings growth in fiscal Q4, but revenue fell due to forex headwinds. PG shares declined by 4.9%.



Read more at Nasdaq: Sector Update: Consumer Stocks Retreat Late Afternoon