Sector Update: Consumer

Last Updated: Thursday, January 20, 2022 3:20 PM | MT Newswires

Consumer stocks still were narrowly higher late in Thursday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.1% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 0.1%. In company news, Luminar Technologies (LAZR) was more than 17% higher after the vehicle sensors and software company announced a new partnership with Daimler's Mercedes-Benz unit that includes Luminar providing its Iris light detection and ranging technology to the German automaker. Financial terms were not disclosed.

Share this article:

Related Companies

You May Also Like

Related Articles

Sector Update: Consumer Stocks Gain on Friday

Sector Update: Health Care Stocks End Higher

Sector Update: Tech Stocks Lead Markets Recovery This Week

Sector Update: Health Care

Related Companies