Consumer Cos Up on Rate Views — Consumer Roundup

Shares of retailers and other consumer-services companies rose amid optimism about the outlook for interest rates, a key underpinning for consumer spending. Ulta Beauty shares fell despite the beauty company raising its full-year guidance on comparable-store sales growth. General Motors took a tech-heavy approach to repairing battery failures in a portion of its new Chevrolet Bolt electric cars, using the Onstar tracking system to remotely identify the problem and notify only owners who are potentially affected.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

August 25, 2017 16:37 ET (20:37 GMT)

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