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Sector Update: Consumer
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Sector Update: Consumer
Sep 12, 2025 12:41 PM

03:23 PM EDT, 09/12/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.

The University of Michigan's preliminary consumer sentiment index declined to 55.4 in September from 58.2 in August, missing the 58.0 estimate compiled by Bloomberg.

In corporate news, Amazon ( AMZN ) is testing General Motors' ( GM ) BrightDrop electric van as the e-commerce giant weighs options to lower carbon emissions in its delivery operations, Bloomberg reported. Amazon ( AMZN ) shares were down 1% and GM was easing 0.2%.

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