Consumer stocks were mixed Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) adding 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) easing 0.1%.
In corporate news, Home Depot (HD) and Lowe's (LOW) are likely to lower their full-year guidance as the home improvement retailers face pressure from weak consumer sentiment, Oppenheimer said in a report. Home Depot shares were up 0.7%, and Lowe's was up 0.4%.
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