financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Advance in Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Advance in Afternoon Trading
Oct 17, 2025 11:21 AM

02:01 PM EDT, 10/17/2025 (MT Newswires) -- Consumer stocks rose Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.5%.

In corporate news, AT&T ( T ) said starting Dec. 1, the monthly price of all its home internet plans will rise by $5, The Verge reported Friday, citing a company notification to customers and a confirmation from a company spokesperson. AT&T ( T ) shares added 0.2%.

Coca-Cola (KO) is exploring a potential $1 billion IPO of its Indian bottling arm, Hindustan Coca-Cola Beverages, which could value the unit at around $10 billion, Bloomberg reported. Coca-Cola shares advanced 0.9%.

President Donald Trump has refiled a shorter 40-page version of his $15 billion defamation lawsuit against The New York Times ( NYT ) , several reporters at the newspaper, and Penguin Random House. New York Times ( NYT ) shares were rising 0.9%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FTSE 100 closes at record high as investors assess earnings and US-Japan trade deal
FTSE 100 closes at record high as investors assess earnings and US-Japan trade deal
Jul 23, 2025
* FTSE 100 up 0.4%, FTSE 250 up 0.4% * Informa ( IFPJF ) rises on revising 2025 revenue growth forecast * J D Wetherspoon ( JDWPF ) up after reporting a rise in sales * Hochschild up on stronger-than-expected quarterly silver output (Updates with market closing prices) July 23 (Reuters) - Britain's FTSE 100 rose on Wednesday to a...
Exchange-Traded Funds, US Equities Higher After Midday
Exchange-Traded Funds, US Equities Higher After Midday
Jul 23, 2025
01:03 PM EDT, 07/23/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) was fractionally higher. US equity indexes rose in midday trading on Wednesday, with volatility declining and Treasury yields gaining after President Donald Trump unveiled a trade deal with Japan in which the import tariff was lower than...
Advent-backed NIQ valued at $6.1 billion as shares slip in NYSE debut
Advent-backed NIQ valued at $6.1 billion as shares slip in NYSE debut
Jul 23, 2025
(Reuters) -Advent-backed consumer insights company NIQ Global was valued at $6.1 billion as its shares dipped 3.6% in their NYSE debut on Wednesday, marking a rare setback in an otherwise strong stretch for initial public offerings. The stock opened at $20.25 per share, compared with the IPO price of $21 per share. While strong equity markets and upbeat IPO debuts...
S&P 500 scales fresh record high at the opening
S&P 500 scales fresh record high at the opening
Jul 23, 2025
Most major US stock indexes rose at the opening of Wednesday's session, with the SP 500 hitting a new all-time high following the announcement of a trade deal between the United States and Japan. US President Donald Trump announced a trade agreement with Japan that includes reciprocal tariffs of 15% on exports between the two countries. He also confirmed that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved