Sector Update: Consumer

Last Updated: Tuesday, December 7, 2021 3:43 PM | MT Newswires

Consumer stocks were ending broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing just 0.1% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was rising 2.1%. In company news, Jumia Technologies (JMIA) rallied Tuesday, posting a more than 20% gain late in afternoon trading, after the e-commerce company reported a 30% increase in gross merchandise value over year-ago levels to $150 million during its Black Friday sales campaign last month.

Share this article:

Related Companies

You May Also Like