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Consumer Sector Update for 12/27/2016: TM, HMC, TM, WMT, MCD, DIS, CVS, KO

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WMT: -0.3%

MCD: -0.3%

DIS: -0.6%

CVS: +0.4%

KO: +0.1%

Consumer shares were mixed at opening bell Tuesday.

In consumer stocks news, Toyota Motor Corp ( TM ) was down 1.1% after Reuters reported that the company has issued a voluntary recall in Russia of 18,757 Lexus vehicles with a fault in their braking systems. The report, citing a statement from Russian standards agency Rosstandart, said the recall affects NX 200, NX 200t and NX 300h models sold after Sept. 11 2014. Separately, the company reported worldwide production increased to 936,729 vehicles in November, up from 856,845 reported in November 2015. Sales in Japan increased to 187,384 vehicles from 177,631 in the same period a year ago. Production in Japan increased to 356,876 units from 338,628 in November 2015.

And, Honda Motor Company ( HMC ) was down 1.4% after it disclosed a summary of production, Japanese domestic sales, and export results for November, saying the 12.6% jump in output from a year ago was the first increase since September. Production outside Japan climbed 11.7% in a fourth consecutive month of advances, setting a record for November, according to a company statement. Global output also rose for the fourth straight month. Total exports from Japan fell 2.8% for the first time in 17 months. Total domestic automobile sales in Japan climbed 9.4%, increasing for a third month, as new vehicle registrations and mini-vehicles rose.

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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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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