Consumer Sector Update for 09/06/2023: HOG, WE, DBGI
Nasdaq 2023-09-06 17:29:19 • 1 min
Consumer stocks were lower Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) declining 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 1.4%.
Redbook US same-store sales rose by 4.1% from a year earlier in the week ended Sept. 2 after a 4.2% year-over-year increase in the previous week.
In corporate news, Harley-Davidson (HOG) shares were rising almost 2.8% after the company said Wednesday its board approved the buyback of up to 10 million additional common shares.
