Sector Update: Consumer
MT newswire2026/11/12 19:20Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:20 PM EST, 11/12/2026 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.6%. In corporate news, General Motors (GM) unveiled two solar generation facilities in Michigan under a $550 million clean-energy project developed by NorthStar Clear Energy. The solar facilities in Branch and St. Clair counties have a combined capacity of 300 megawatts, with 92% allocated to GM. The automaker's stock fell 2.6%.
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