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Sector Update: Consumer
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Sector Update: Consumer
May 26, 2025 12:33 AM

01:33 PM EDT, 05/02/2025 (MT Newswires) -- Consumer stocks rose Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.8%.

In corporate news, Unilever ( UL ) will invest 30 billion Mexican pesos ($1.53 billion) in Mexico between 2025 and 2028 to boost its production capacity, including 8 billion pesos for a new factory in Nuevo Leon, Reuters reported. Unilever ( UL ) shares rose 0.6%.

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