03:50 PM EDT, 09/18/2025 (MT Newswires) -- Consumer stocks fell late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Lionsgate Studios ( LION ) is eliminating an additional 5% of its workforce. Lionsgate shares shed 0.4%.

Darden Restaurants ( DRI ) reported fiscal Q1 earnings below market expectations, although the restaurant operator lifted its full-year sales growth outlook. Its shares fell past 7%.

Live Nation Entertainment ( LYV ) and its unit Ticketmaster were sued by the US Federal Trade Commission and seven US states for failing to prevent illegal ticket resale practices and deceptive pricing tactics, according to a lawsuit filed Thursday in a California federal court. Live Nation shares dropped 2.7%.

Lifeway Foods ( LWAY ) shares tumbled 21% after Danone said in a regulatory filing that it is no longer pursuing the acquisition of the company.

News Corp's ( NWSA ) Dow Jones said Thursday it has acquired Eco-Movement, a Netherlands-based charge point data platform. News Corp ( NWSA ) shares rose 1.2%.