financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Mixed in Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Oct 21, 2025 10:56 AM

01:43 PM EDT, 10/21/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%.

Redbook US same-store sales rose by 5% from a year earlier in the week ended Oct. 18 after a 5.9% year-over-year increase in the previous week.

In corporate news, General Motors ( GM ) lifted its full-year earnings outlook and lowered expected tariff headwinds as the automaker's Q3 results topped market estimates. The shares jumped past 16%.

Warner Bros. Discovery ( WBD ) shares surged 11% after the media and entertainment giant said it is open to a potential sale as it initiated a review of strategic alternatives after receiving interest from "multiple parties."

Coca-Cola (KO) reported better-than-expected fiscal Q3 earnings on Tuesday, while its revenue matched Wall Street's estimates amid pricing and volume gains. Shares rose 4%.

Beyond Meat ( BYND ) shares soared 72% after the firm said it will increase the availability of some of its plant-protein products at over 2,000 Walmart (WMT) stores in the US.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Investors Await Tesla Results
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday as Investors Await Tesla Results
Oct 23, 2024
08:31 AM EDT, 10/23/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.3% lower in Wednesday's premarket activity as investors await Tesla's (TSLA) earnings release. US stock futures were also lower, with S&P 500 Index futures down 0.3%, Dow Jones...
Sector Update: Tech
Sector Update: Tech
Oct 23, 2024
08:52 AM EDT, 10/23/2024 (MT Newswires) -- Technology stocks were declining premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) 0.3% lower and The SPDR S&P Semiconductor ETF (XSD) down 0.1%. Enphase Energy ( ENPH ) shares were down more than 16% after the company overnight reported lower Q3 non-GAAP earnings and revenue. ...
Sector Update: Consumer
Sector Update: Consumer
Oct 23, 2024
08:50 AM EDT, 10/23/2024 (MT Newswires) -- Consumer stocks fell in Wednesday's premarket hours as the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was 0.7% lower recently. McDonald's (MCD) shares declined by over 6% after the US Centers for Disease Control and Prevention said an E. coli outbreak...
Oil Prices Fall After a Report Shows a Larger than Expected Rise in U.S. Oil Inventories
Oil Prices Fall After a Report Shows a Larger than Expected Rise in U.S. Oil Inventories
Oct 23, 2024
08:53 AM EDT, 10/23/2024 (MT Newswires) -- Oil prices weakened early on Wednesday following two days of gains after a report showed a larger than expected rise in U.S. inventories last week and the dollar strengthened. West Texas Intermediate crude for December delivery was last seen down US$1.20 to US$70.54 per barrel, while December Brent crude, the global benchmark, was...
Copyright 2023-2026 - www.financetom.com All Rights Reserved