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Sector Update: Consumer
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Sector Update: Consumer
Mar 23, 2026 12:52 PM

03:32 PM EDT, 03/23/2026 (MT Newswires) -- Consumer stocks rose late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) climbing 2.7%.

In corporate news, Playboy (PLBY) shares rose 2.6% after the company said it closed the initial sale of 16.67% of its China joint venture to UTG Brands Management under a transaction plan to ultimately sell 50% of the JV to UTG.

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