Sector Update: Consumer
MT newswire2026/08/27 19:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:36 PM EDT, 08/27/2026 (MT Newswires) -- Consumer stocks were lower late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 1%. In corporate news, Celsius (CELH) shares fell 5.7% after Deutsche Bank downgraded the company to hold from buy, while increasing its price target to $35 from $30.
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