Consumer Cos Down on Tepid Jobs Data -- Consumer Roundup

Dow Jones

2025/08/02

Consumer discretionary stocks fell after tepid jobs data.

Consumer spending has proved resilient despite more than three years of elevated inflation.

Some retailers and consumer-products companies, such as Procter & Gamble, warned in their latest updates that shoppers are exhibiting more caution.

A rising unemployment rate could be the last straw for the consumer-led economic expansion.

Shares of Rolex producer Watches of Switzerland fell by 7% after President Trump imposed tariffs of 39% on Swiss imports.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

August 01, 2025 17:34 ET (21:34 GMT)

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