Consumer-Company Shares Up After Jobs Report - Consumer Roundup

Features Dow Jones Newswires

Shares of retailers and other consumer-services companies rose after strong jobs data suggested spending would soon rise. As part of its effort to defend its once-dominant position in household goods from Amazon.com, Walmart has applied for a patent on sensors that would track how much milk or laundry detergent was left in a sold package, The Wall Street Journal reported.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

May 05, 2017 16:26 ET (20:26 GMT)