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Consumer Sector Update for 01/12/2018: WMT, MCD, DIS, CVS, KO, PG, TOUR, GM, BVS.L

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Top Consumer Shares:

WMT: +0.3%

MCD: +0.4%

DIS: +0.3%

CVS: flat

KO: +0.4%

PG: +0.2%

Consumer shares were higher ahead of the opening bell on Friday.

Expected movers:

– Tuniu ( TOUR ): to buy back $100 million in common shares

Other news:

– Wal-Mart Stores ( WMT ): closing about 63 Sam’s Club stores across United States

– General Motors ( GM ): applies for US OK to get fully autonomous car on the road by 2019

News from overseas:

– Bovis Homes Group (BVS.L): UK housebuilder says 2017 profit to come in line with expectations amid year of controlled growth

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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