Sector Update: Consumer Stocks Edge Up in Afternoon Trading

From Nasdaq: 2024-09-18 13:43:21

Consumer stocks saw gains on Wednesday, with XLP up 0.1% and XLY rising 0.2%. General Mills’ fiscal Q3 results were better than expected, sending shares up 1.3%. Rogers Communications agreed to buy BCE’s stake in Maple Leaf Sports & Entertainment for $4.7 billion, impacting their stock prices. Amazon is increasing hourly wages for warehouse workers as part of a $2.2 billion pay increase package.



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