Sector Update: Consumer Stocks Mixed Late Afternoon
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Consumer stocks showed mixed performance late Monday, with the Consumer Staples ETF down 0.4% and the Consumer Discretionary ETF up 1.8%. Notable movements included Bed Bath & Beyond shares rising 6.4% after a CEO appointment, QXO shares surging 18% following a $1.2 billion investment, General Motors gaining 2.4% due to increased sales, and Topgolf Callaway Brands jumping 9.9% after selling a majority stake in Topgolf for $1.1 billion.
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