Consumer stocks rose Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1%.
In corporate news, TreeHouse Foods (THS) affirmed its full-year outlook and announced cost reductions, including job cuts. The shares jumped 7.9%.
Harley-Davidson (HOG) is weighing options for Harley-Davidson Financial Services, including a potential sale that may fetch at least $1 billion, Bloomberg reported. Harley-Davidson shares rose 4.5%.
Five Below (FIVE) shares fell 3.1%. The company asked its vendors to suspend cargo shipments from China, Bloomberg reported.
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