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Sector Update: Consumer Stocks Higher Late Afternoon
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Sector Update: Consumer Stocks Higher Late Afternoon
Oct 14, 2025 1:11 PM

03:51 PM EDT, 10/14/2025 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) edged up 0.1%.

In sector news, Redbook US same-store sales last week rose by 5.9% from a year earlier after a 5.8% increase in the previous week. Redbook noted that retail stores announced promotional discounts to compete with Columbus Day sales and Amazon's (AMZN) Prime Big Deal Days promotions.

In corporate news, TaskUs ( TASK ) shares rose 4.2% after Baird upgraded the stock to outperform from neutral with a price target of $18.

Albertsons ( ACI ) shares jumped 12%. The company lifted its full-year earnings outlook after reporting better-than-expected fiscal Q2 results. It also announced a $750 million buyback extension.

General Motors ( GM ) announced charges of $1.6 billion for GM North America in the quarter ended Sept. 30 based on a planned "strategic realignment" of its electric vehicle capacity and production. GM shares rose 2.3%.

Netflix ( NFLX ) and Spotify ( SPOT ) entered a partnership to bring video podcasts from Spotify Studios to the streaming service in early 2026. Netflix ( NFLX ) shares eased 0.5%, and Spotify ( SPOT ) fell 1.7%.

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