SPY414.92-5.67 -1.35%
DIA332.96-5.20 -1.54%
IXIC14,030.38-130.97 -0.92%

Sector Update: Consumer

05/07/2021 11:39

03:38 PM EDT, 05/07/2021 (MT Newswires) -- Consumer stocks were broadly higher late in Friday trading, with the SPDR Consumer Staples Select Sector ETF rising about 0.1%, reversing a narrow midday slide, while the SPDR Consumer Discretionary Select Sector ETF was ahead 0.9%.

In company news, Qurate Retail (QRTEA) was 15% higher after the e-commerce company reported Q1 non-GAAP net income of $0.48 per share, up from $0.27 per share a year ago, and beating the Capital IQ consensus by $0.20 per share.