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Sector Update: Consumer
Aug 11, 2025 10:27 AM

01:07 PM EDT, 08/11/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.

In corporate news, Paramount Skydance ( PSKY ) will become the exclusive distributor of UFC's fighting events in the US under a $7.7 billion media rights deal with TKO Group Holdings ( TKO ) . Paramount shares fell 1.1%, and TKO jumped 8.4%.

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