Sector Update: Consumer

MT Newswires Live12-15 21:55

Consumer stocks were edging higher premarket Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.8%.

Dole (DOLE) stock was up more than 1% after the company said some of its subsidiaries have entered into agreements to sell its port and port operations in Guayaquil, Ecuador, to Terminal Investment Limited.

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