U.S. Consumer Staples Stocks Rise in Early Trading Thursday

U.S. consumer staples shares moved higher early Thursday, Oct. 15, as investors weighed high interest rates, concerns tied to Iran, selling in AI stocks and elevated commodity prices.

The market update included the State Street Consumer Staples Select Sector SPDR ETF (XLP) and stocks identified by the tickers WMT, DG, KO, HRL, KMB, MO and GIS, among others.