-- Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.6%.
In corporate news, Coca-Cola (KO) lifted its full-year earnings growth outlook on Tuesday as the beverages giant posted fiscal Q1 results above market expectations amid pricing and volume gains. Its shares jumped past 5%.
Spain's current account surplus rose to 4.04 billion euros in February from 2.73 billion euros in January, according to Bank of Spain data published Thursday.In the two months to February, the current account surplus totaled 6.77 billion euros, against 6.88 billion euros in the previous year.
Italy's quarterly gross domestic product rose 0.2% in the first quarter, after a 0.3% gain in the prior three-month period, preliminary data from statistics agency Istat showed Thursday.The consensus estimate for the quarter pointed to a 0.1% uptick.On a yearly basis, the Italian economy grew 0.7%, against the expected 0.6% rise.
Tokyo Electron's (TYO:8035) net income attributable to owners of the parent rose 5.6% to 574.5 billion yen for the fiscal year 2026 from 544.1 billion yen a year earlier.The semiconductor company's net income per share increased to 1,250.88 yen from 1,179.08 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales edged up 0.5% to 2.444 trillion yen for the full year ended March 31 from 2.432 trillion yen in the prior year.Tokyo Electron declared a final dividend of 364 yen per share, payable from June 2.For the first half of the fiscal year ending March 31, 2027, the company expects attributable net income of 328 billion yen, net income per share of 721.12 yen, and net sales of 1.570 trillion yen.Tokyo Electron plans to pay an interim dividend of 361 yen per share for the year, higher than the 264 yen per share a year ago.The year-end dividend for the current fiscal year remains undecided.