Kraft Helps Buoy Consumer Staples ETFs in Sell-Off
August 04, 2011 at 10:21 AM EDT
Trader screens were a sea of red Thursday but exchange traded funds tracking the consumer staples sector help up relatively well as Kraft (NYSE: KFT) shares advanced after the company said it plans to split into two entities. Consumer Staples Select Sector SPDR Fund (NYSEArca: XLP) was down 0.7% in...