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Sector Update: Consumer Stocks Advance Late Afternoon
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Sector Update: Consumer Stocks Advance Late Afternoon
Jun 16, 2025 1:05 PM

03:44 PM EDT, 06/16/2025 (MT Newswires) -- Consumer stocks were rising late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.1%.

In corporate news, Polestar (PSNY) shares popped 4.4% after saying Monday that it received a $200 million equity investment from PSD Investment.

Estee Lauder ( EL ) said Sunday that Chairman Emeritus Leonard Lauder died Saturday. Lauder was 92, the company said. Estee Lauder ( EL ) shares were rising past 10%.

Coty ( COTY ) shares climbed 6.9% after trade publication Women's Wear Daily reported Monday that the company was exploring a possible sale.

Roku ( ROKU ) and Amazon.com's (AMZN) Amazon Ads have partnered on an integrated advertising platform for connected television in the US, the companies said Monday. Roku ( ROKU ) shares gained past 10%.

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