01:55 PM EST, 11/03/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%.
In corporate news, Kimberly-Clark ( KMB ) on Monday agreed to buy consumer health company Kenvue ( KVUE ) in a cash-and-stock deal worth about $48.7 billion, creating a global health and wellness entity. Kimberly-Clark ( KMB ) shares fell 13%, and Kenvue ( KVUE ) jumped 14%.
Walt Disney ( DIS ) has urged Alphabet's (GOOG) YouTube TV to temporarily reinstate ABC broadcasts for the Nov. 4 Election Day amid an ongoing carriage dispute over distribution fees affecting millions of viewers, Bloomberg reported. Disney ( DIS ) shares were down 0.2%.
Tesla (TSLA) shares rose 2.5% after media outlets reported Monday the company is nearing a large-scale battery supply agreement with South Korea's Samsung SDI.
Freshpet ( FRPT ) shares jumped 12% after it reported higher Q3 earnings and net sales.