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Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/02 16:59
12:59 PM EDT, 10/02/2026 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.3%. In corporate news, Nike (NKE) fell past 5% after it forecast a fiscal 2027 revenue decline and unveiled a plan to transform its operating model.
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