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Sector Update: Consumer
Jul 29, 2025 10:56 AM

01:31 PM EDT, 07/29/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.6%.

In corporate news, the probe into Kellanova's ( K ) planned acquisition by Mars has been paused by the European Commission as it awaits data requested from the companies, Reuters reported. Separately, Mars said it will invest $2 billion to expand its US-based plants by the end of 2026. Kellanova ( K ) shares were up 0.2%.

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