financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Higher Late Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Higher Late Afternoon
Sep 16, 2025 1:31 PM

03:57 PM EDT, 09/16/2025 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) gaining 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.

Redbook US same-store sales last week rose by 6.3% from a year earlier after a 6.6% increase in the previous week.

In corporate news, Lazydays Holdings ( GORV ) shares surged 21% after the company entered into a nonbinding letter of intent to be acquired by Campers Inn Holding.

Hershey (HSY) shares rose 4.4% after Goldman Sachs upgraded the stock to buy from sell and raised its price target to $222 from $170.

Live Nation's (LYV) Ticketmaster is under investigation by the US Federal Trade Commission over compliance with a law to prevent automated ticket resales on its platform, Bloomberg reported late Monday. Live Nation shares fell 0.9%.

Webtoon Entertainment ( WBTN ) shares jumped 39% after the company and Walt Disney ( DIS ) signed a non-binding term sheet to develop a digital comics platform. The companies also signed a nonbinding term sheet for Disney ( DIS ) to buy a 2% stake in Webtoon. Disney ( DIS ) shares shed 0.2%.

President Donald Trump said he filed a $15 billion defamation and libel lawsuit against the New York Times ( NYT ) , alleging the newspaper made false allegations against him, his family, his business, and the US. Shares of the New York Times ( NYT ) fell 1.3%.

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 >
Sector Update: Financial Stocks Lean Lower Pre-Bell Monday
Sector Update: Financial Stocks Lean Lower Pre-Bell Monday
Mar 17, 2025
09:20 AM EDT, 03/17/2025 (MT Newswires) -- Financial stocks were leaning lower pre-bell Monday as the Financial Select Sector SPDR Fund (XLF) was recently declining by 0.3%. The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.8% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.8% higher. Walmart ( WMT )...
Sector Update: Tech Stocks Advance Premarket Monday
Sector Update: Tech Stocks Advance Premarket Monday
Mar 17, 2025
09:14 AM EDT, 03/17/2025 (MT Newswires) -- Technology stocks advanced premarket Monday as the Technology Select Sector SPDR Fund (XLK) was slightly higher and the SPDR S&P Semiconductor ETF ( XSD ) was up 0.4% recently. Science Applications International ( SAIC ) shares rose past 8% after the company reported higher fiscal Q4 adjusted earnings and revenue. The company also...
Sector Update: Health Care Stocks Decline Premarket Monday
Sector Update: Health Care Stocks Decline Premarket Monday
Mar 17, 2025
09:12 AM EDT, 03/17/2025 (MT Newswires) -- Health care stocks declined premarket Monday with the Health Care Select Sector SPDR Fund ( XLV ) 0.3% lower and the iShares Biotechnology ETF (IBB) down 0.9% recently. Avidity Biosciences Inc ( RNA ) shares advanced by over 3% after the company said topline data from the phase 1/2 EXPLORE44 trial of del-zota...
US STOCKS-Wall St poised for muted open after latest economic data
US STOCKS-Wall St poised for muted open after latest economic data
Mar 17, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Intel ( INTC ) up after report new CEO plots overhaul of manufacturing, AI operations * February retail sales rose 0.2% * Futures: Dow down 0.15%, S&P 500 up 0.04%, Nasdaq up 0.22% (Updates to before markets open) By...
Copyright 2023-2026 - www.financetom.com All Rights Reserved