financetom
Business
financetom
/
Business
/
Sector Update: Consumer
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer
Mar 17, 2025 10:58 AM

01:33 PM EDT, 03/17/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, PepsiCo ( PEP ) announced plans on Monday to buy prebiotic soda brand Poppi for $1.95 billion as the beverage and snacks giant looks to expand its portfolio to include health-focused products. PepsiCo ( PEP ) shares rose 1.8%.

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 >
Soccer-Rashford responds to Amorim challenge in rout of Everton
Soccer-Rashford responds to Amorim challenge in rout of Everton
Dec 1, 2024
MANCHESTER, England, Dec 1 (Reuters) - Days after new Manchester United ( MANU ) manager Ruben Amorim said striker Marcus Rashford has to want it if he is to rediscover his best form, the 27-year-old scored twice in United's 4-0 rout of Everton on Sunday. Amorim, however, warned that Rashford, who has scored three times since the Portuguese took charge...
Exclusive-Bangladesh wants to renegotiate Adani power deal unless court cancels
Exclusive-Bangladesh wants to renegotiate Adani power deal unless court cancels
Dec 1, 2024
DHAKA (Reuters) - Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal, its de facto energy minister told Reuters on Sunday. Adani Group founder Gautam Adani is already facing allegations by U.S. authorities that he was...
Disney's 'Moana 2' sets Thanksgiving weekend box office record
Disney's 'Moana 2' sets Thanksgiving weekend box office record
Dec 1, 2024
LOS ANGELES, Dec 1 (Reuters) - Moana 2, a sequel to the 2016 animated film that reunites the wayfinding title character with demigod Maui, sailed to a Thanksgiving weekend record of $221 million in U.S. and Canadian ticket sales, distributor Walt Disney ( DIS ) said Sunday. ...
Meta tightens ad rules to curb financial scams aimed at Australians
Meta tightens ad rules to curb financial scams aimed at Australians
Dec 1, 2024
SYDNEY, Dec 2 (Reuters) - Instagram and Facebook-owner Meta Platforms ( META ) said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to crack down on scams on the social media platforms. The move comes after Meta in October said it took down 8,000 so-called celeb bait ads, as...
Copyright 2023-2026 - www.financetom.com All Rights Reserved