Sector Update: Consumer

MT Newswires Live
Aug 15

Consumer stocks were mixed late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.1%.

In corporate news, American Airlines (AAL) planes with the same call sign were landing and taking off simultaneously at Phoenix Sky Harbor International Airport around midnight local time on Friday, Bloomberg reported, citing air traffic audio records. The aircraft were converging along the same path and on the same radio frequency, prompting the controller to carefully direct the jets to avoid any potential issue, the report said. American Airlines shares were down 1.7%.

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