Markets

Consumer Sector Update for 03/29/2016: ROST, WUBA

Top Consumer Shares:

WMT: +0.2%

MCD: +0.5%

DIS: flat

CVS: flat

KO: flat

GE: -0.4%

Consumer shares were mixed ahead of the opening bell Tuesday.

In consumer stocks news, Ross Stores ( ROST ) said it opened 22 Ross Dress for Less stores and six dd's DISCOUNTS stores in 15 different states in Feb. and March.

Shares were unchanged at $57.59 pre-bell. The stock has traded between $43.47 and $59.68 over the past 52 weeks.

And 58.com ( WUBA ), a China-based online marketplace for local merchants and consumers, Tuesday reported its minority-owned Guazi.com, a consumer-to-consumer used-car trading platform, has closed a new $204.5 million round of equity financing.

Shares were unchanged at $53.59 pre-bell. The stock has traded between $37.72 and $83.71 over the past 52 weeks.

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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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