Sectors
Sector Update: Consumer
Consumer stocks were edging higher pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally advancing.Stellantis (STLA) stock was up more than 4% after the company said its Q1 estimated consolidated shipments totaled 1.4 million units, up 12% from a year earlier. Separately, Bloomberg News reported that Stellantis is considering reviving a partnership with Dongfeng Motor, under which the companies would jointly produce cars in Europe and China.
$STLA
