SPY421.97-0.14 -0.03%
DIA338.65-2.11 -0.62%
IXIC14,161.35+121.67 0.87%

Sector Update: Consumer

05/12/2021 04:55

08:53 AM EDT, 05/12/2021 (MT Newswires) -- Consumer stocks were slipping pre-bell Wednesday. The Consumer Staples Select Sector SPDR Fund (XLP) was 0.35% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) was recently declining by more than 1%.

Wendy's (WEN) was climbing past 4% as it reported fiscal Q1 adjusted EPS of $0.20, up from $0.09 a year ago. Analysts polled by Capital IQ had called for $0.15.