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Sector Update: Consumer
Jun 16, 2025 6:15 AM

08:51 AM EDT, 06/16/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Monday as the Consumer Staples Select Sector SPDR Fund (XLP) was slightly lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up almost 1% recently.

MGM Resorts International ( MGM ) and Entain's BetMGM venture said it now expects at least $2.6 billion in 2025 net revenue, up from its previous outlook range of $2.4 billion to $2.5 billion. Shares of MGM Resorts International ( MGM ) were up more than 2% premarket.

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