Sector Update: Consumer Stocks Advance in Afternoon Trading

MT Newswires04-23

Consumer stocks were rising Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%. In ...

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Albertsons shares fell 0.5% while Kroger was up 0.5%.\n\n Tesla (TSLA) cut prices of its Model 3, Model Y, Model X, and Model S in China, according to media reports, citing the company's website. In Germany too, Tesla reportedly cut prices. Separately, Tesla (TSLA) dissolved its newly established marketing team as part of a broader layoff strategy, Bloomberg reported. 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