Sector Update: Consumer

MT Newswires Live
03-31

Consumer stocks were flat to higher pre-bell Monday as the Consumer Discretionary Select Sector SPDR Fund (XLY) was inactive and the Consumer Staples Select Sector SPDR Fund (XLP) was recently up 0.4%.

Alibaba Group (BABA) said it recorded a 27% year-on-year increase in US small and medium enterprises orders during this year's March Expo. Shares of Alibaba Group Holding fell past 2% premarket.

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