Sector Update: Consumer

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Consumer shares are fairly flat in pre-bell trading.

Among them, shares of Wal-Mart Stores Inc. ( WMT ) rose slightly in Friday's premarket session after the giant discount retailer said it had record-breaking Black Friday results, without giving sales numbers.

Shares were up 0.6% at $81.45, setting the stock up to reach a new all-time high in the regular session. Its record high coming into Friday's regular session, which was reached Wednesday, is $81.

Meanwhile, Sotheby's ( BID ) is preparing to hold its first auction in China with $212 million worth of merchandise, from art to furniture, Bloomberg reports. BID is flat at $51.69 pre-market.

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

Copyright (C) 2016 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing , Commodities
Referenced Symbols: BID , WMT

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