Consumer Companies Down After Auto Sales Reports -- Consumer Roundup

Features Dow Jones Newswires

Shares of retailers and other consumer-services companies ticked down amid further signs that auto sales have peaked.

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General Motors, Ford Motor and Fiat Chrysler Automobiles reported steep monthly sales declines compared with the same period in 2016, as both retail and commercial rental-car demand winnowed.

French dairy company Danone agreed to sell its U.S. dairy business, Stonyfield, to Lactalis for $875 million.

-By Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

July 03, 2017 16:32 ET (20:32 GMT)