03:33 PM EDT, 05/05/2025 (MT Newswires) -- Consumer stocks decreased late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%.

In corporate news, President Donald Trump said Sunday on Truth Social he plans to impose a 100% tariff on movies made outside of the US. Wedbush Securities said in a research note that the extent to which the planned tariffs will apply to Netflix ( NFLX ) is unclear. Netflix ( NFLX ) shares were falling 1.5%.