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Sector Update: Consumer
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Sector Update: Consumer
Jul 28, 2025 10:34 AM

01:14 PM EDT, 07/28/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.8%.

In corporate news, Tesla (TSLA) has awarded an AI semiconductor manufacturing contract worth about 22.765 trillion South Korean won ($16.5 billion) to Samsung, the South Korean company said in a Monday filing. Tesla shares were rising 3.7%.

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