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Sector Update: Consumer
Mar 17, 2026 1:01 PM

03:36 PM EDT, 03/17/2026 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.9%.

In corporate news, Academy Sports and Outdoors ( ASO ) shares fell 11% after the company on Tuesday guided for 2026 revenue and earnings below Wall Street's expectations as pressure on discretionary spending is expected to persist this year.

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