Sector Update: Consumer

Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%.

In corporate news, AutoNation AN shares surged 8.4% after it reported mixed fiscal Q1 results with new vehicle revenue rising year over year despite lower prices, while used car sales dropped.