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%.