Sector Update: Consumer
MT newswire2026/10/29 19:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:31 PM EDT, 10/29/2026 (MT Newswires) -- Consumer stocks were higher late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) increasing 0.8%. In corporate news, Restaurant Brands International (QSR) shares were down 1.5% after it reported its Q3 results. The company posted quarterly adjusted earnings of $1.10 per diluted share, up from $1.03 a year earlier. Analysts polled by FactSet expected $1.08. Revenue was $2.53 billion, up from $2.45 billion a year earlier. Analysts expected $2.55 billion.
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