financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Mixed Thursday Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed Thursday Afternoon
Jul 3, 2025 10:36 AM

01:11 PM EDT, 07/03/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.6%.

In corporate news, TripAdvisor ( TRIP ) shares jumped nearly 17% in recent Thursday trading after The Wall Street Journal reported Wednesday that Starboard Value has built a 9% stake in the company.

Ryanair ( RYAOF ) shares were shedding 0.8% after the budget airline said it was forced to cancel 170 flights, disrupting over 30,000 passengers due to a strike by French air-traffic controllers on Thursday and Friday.

United Parcel Service's ( UPS ) plan to offer voluntary buyouts to delivery drivers violates their labor contract, the International Brotherhood of Teamsters President Sean O'Brien said Thursday in a statement. UPS shares were down 1.3%.

Tyson Foods ( TSN ) has reached a new collective bargaining agreement with workers at its beef processing plant in Amarillo, Texas, days after Teamsters union members voted to authorize a strike, the company and the union said. Tyson shares were easing 0.2%.

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 >
Sector Update: Tech
Sector Update: Tech
May 26, 2025
08:52 AM EDT, 05/05/2025 (MT Newswires) -- Technology stocks fell pre-bell Monday as the Technology Select Sector SPDR Fund (XLK) was 1% lower and the SPDR S&P Semiconductor ETF (XSD) recently declined by 4%. ON Semiconductor (ON) shares were up over 1% after the company reported lower Q1 non-GAAP earnings and revenue that still topped analysts' expectations. ...
US STOCKS-Wall St set for lower open after Trump's fresh tariffs at start of Fed-decision week
US STOCKS-Wall St set for lower open after Trump's fresh tariffs at start of Fed-decision week
May 26, 2025
(For a Reuters live blog on US, UK and European stock markets, click or type LIVE/ in a news window) * Futures down: Dow 0.64%, S&P 500 0.85%, Nasdaq 1.04% * Berkshire Hathaway falls after Buffett to step down as CEO * ISM services sector data due at 10 a.m. ET * Gold stocks shine tracking higher bullion prices (Updates...
Sector Update: Health Care
Sector Update: Health Care
May 26, 2025
08:59 AM EDT, 05/05/2025 (MT Newswires) -- Health care stocks declined pre-bell Monday as the Health Care Select Sector SPDR Fund (XLV) was 0.4% lower and the iShares Biotechnology ETF (IBB) was down 0.8% recently. Teva Pharmaceutical (TEVA) and Alvotech ( ALVO ) said Selarsdi has been approved by the US Food and Drug Administration as interchangeable with the reference...
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Investors Brace for Fed Decision
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday as Investors Brace for Fed Decision
May 26, 2025
08:31 AM EDT, 05/05/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was down 0.7% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.9% in Monday's premarket activity as investors braced for this week's highly anticipated Fed rate decision. US stock futures were also lower, with S&P 500 Index futures down...
Copyright 2023-2026 - www.financetom.com All Rights Reserved