03:28 PM EST, 11/10/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.3%.

In corporate news, Wendy's (WEN) is grappling with the expected closure of 300 underperforming US franchisee stores and a reduction in advertising spending in 2026, RBC Capital Markets said in a note Monday. RBC cut its price target on Wendy's stock to $9 from $10 and maintained its sector perform rating. Wendy's shares were falling 5.2%.