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Sector Update: Consumer
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Sector Update: Consumer
Aug 18, 2025 12:55 PM

03:31 PM EDT, 08/18/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%.

In corporate news, Starbucks ( SBUX ) will offer all US salaried employees a 2% pay hike this year as part of a strategy that involves better service, shorter wait times, and more inviting stores, Bloomberg reported. Starbucks ( SBUX ) shares rose 2.4%.

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