financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Mixed Friday Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed Friday Afternoon
May 26, 2025 5:19 AM

02:00 PM EDT, 05/09/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.

In corporate news, Lyft ( LYFT ) shares surged 26%. The company posted a surprise Q1 profit on double-digit gains in gross bookings and forecast continued growth in Q2 for the key metric.

Sweetgreen (SG) shares tumbled 18% after the company cut 2025 revenue guidance.

TaskUs (TASK) shares jumped 17%. The company agreed to be taken private by the co-founders and a Blackstone (BX) affiliate.

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 >
Expectations of Tempered Tariff Policy Lifts US Equity Futures Pre-Bell
Expectations of Tempered Tariff Policy Lifts US Equity Futures Pre-Bell
Mar 24, 2025
08:17 AM EDT, 03/24/2025 (MT Newswires) -- US equity futures were higher before the bell on Monday, reflecting expectations that the White House would implement a less strict tariff policy. Dow Jones Industrial Average futures gained 0.9%, S&P 500 futures increased 1.2%, and Nasdaq futures were up 1.5%. US President Donald Trump is likely to exclude certain sectors from a...
Lightspeed Shares Up in U.S. Pre-Market Trading After Updating Fiscal 2025 Financial Outlook
Lightspeed Shares Up in U.S. Pre-Market Trading After Updating Fiscal 2025 Financial Outlook
Mar 24, 2025
07:49 AM EDT, 03/24/2025 (MT Newswires) -- Lightspeed Commerce ( LSPD ) rose 2.2% at last look Monday in NYSE pre-market trading as the company provided an updated financial outlook for the fiscal year ending March 31, 2025. The company said it now expects revenue growth of 18%, down from the previous guidance of 20%. Lightspeed cited heightened inflationary pressures,...
US STOCKS-Futures jump on Trump's softened tariff stance
US STOCKS-Futures jump on Trump's softened tariff stance
Mar 24, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) (Updates with analyst quote) * Futures up: Dow 0.88%, Nasdaq 1.42%, S&P 1.16% * S&P's business activity survey due at 9:45 a.m. ET * Lockheed Martin ( LMT ) drops on brokerage downgrade * Crypto stocks gain as bitcoin prices...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Key Inflation Reports
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Key Inflation Reports
Mar 24, 2025
08:15 AM EDT, 03/24/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 1.3% and the actively traded Invesco QQQ Trust (QQQ) advanced 1.6% in Monday's premarket activity, ahead of key inflation data releasing this week. US stock futures were also higher, with S&P 500 Index futures up 1.2%, Dow Jones...
Copyright 2023-2026 - www.financetom.com All Rights Reserved