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WPP plc
(NYSE: WPP)
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4:17 PM UTC, 04/24/25 | |||
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| Last: $37.09 | Change: +0.63 | %Change: +1.73% | Volume: 95,635 | |
Sector Update: Consumer
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Last updated: 01/07/2025 3:27:57 PM
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Last updated: 01/07/2025 3:27:57 PM
03:27 PM EST, 01/07/2025 (MT Newswires) -- Consumer stocks were decreasing late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.1%.
Redbook US same-store sales rose 6.8% from a year earlier in the week ended Jan. 4 after a 7.1% year-over-year increase in the previous week.
In sector news, online shopping climbed to a record in the 2024 holiday season, with the majority of US e-commerce transactions taking place on mobile devices and AI powering click throughs to retail websites, Adobe (ADBE) Analytics' data showed Tuesday.
In corporate news, WPP (WPP) has mandated a new return-to-office policy, requiring employees to work from offices at least four days per week, the Financial Times reported. WPP shares were falling 5.2%.
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