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Sector Update: Consumer Stocks Edging Higher in Early Wednesday Trading

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Consumer stocks were edging higher in Wednesday trading, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing by 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%.

Lowe's (LOW) stock was down more than 3% after the company cut its fiscal 2026 guidance.

TJX (TJX) shares declined more than 1% after the company's fiscal Q3 guidance trailed analysts' estimates.

Viking (VIK) stock gained nearly 1% after the company reported higher Q2 adjusted earnings and revenue.

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