03:36 PM EDT, 10/17/2025 (MT Newswires) -- Consumer stocks rose late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.9%.

In corporate news, Ferrari (RACE) is selling fewer cars in the UK as it seeks to stem declining residual values, which have been affected by the departure of wealthy individuals from the country due to higher tax structures, the Financial Times reported, citing Chief Executive Officer Benedetto Vigna. Ferrari shares gained 1.8%.