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Sector Update: Consumer
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Sector Update: Consumer
Jun 12, 2025 11:12 AM

01:50 PM EDT, 06/12/2025 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.

In corporate news, Omnicom ( OMC ) and Interpublic's (IPG) planned merger may face restrictions from the Federal Trade Commission, including a proposed consent decree that would prevent the combined company from boycotting platforms because of political content, The New York Times reported. Omnicom ( OMC ) shares were down 1.9%, and Interpublic was up 1.1%.

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