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Sector Update: Consumer
Jun 12, 2025 12:33 PM

03:14 PM EDT, 06/12/2025 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

In corporate news, Tesla (TSLA) shares fell 2.8%. On Wednesday, the company filed a lawsuit against former engineer Jay Li and his startup Proception for allegedly stealing trade secrets involving the Optimus project's robotic hand technology.

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