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
Oct 24, 2025 11:03 AM

01:46 PM EDT, 10/24/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.1%.

US consumer sentiment dropped for a third consecutive month as concerns over high prices persisted, final survey results from the University of Michigan showed Friday. The main sentiment index slipped to 53.6 this month from 55.1 in September. The consensus was for a 54.5 reading in a Bloomberg poll.

In corporate news, Deckers Outdoor ( DECK ) shares dropped 12% after it issued a full-year outlook below market estimates, even though it recorded an unexpected year-over-year increase in its fiscal Q2 earnings.

Procter & Gamble ( PG ) reported better-than-expected fiscal Q1 results on Friday amid forex and pricing tailwinds, while the firm reiterated its full-year outlook. Its shares rose 1.3%.

Grindr ( GRND ) has received a proposal from majority shareholders James Fu Bin Lu and George Raymond Zage III to buy all of the company's shares that they do not already own at $18 per share in a going-private deal. Grindr ( GRND ) shares rose 22%.

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 >
Top Midday Gainers
Top Midday Gainers
Jan 16, 2025
01:01 PM EST, 01/16/2025 (MT Newswires) -- Biomerica ( BMRA ) said Thursday that the United Arab Emirates Ministry of Health and Prevention approved its Fortel prostate-specific antigen screening test for detection of prostate cancer. Shares more than doubled as intraday trading volume surged to over 353 million from a daily average of about 955,000. Flexible Solutions International ( FSI...
US Equity Indexes Mixed as Retail Sales Growth Slows, Q4 Earnings Begin Rolling
US Equity Indexes Mixed as Retail Sales Growth Slows, Q4 Earnings Begin Rolling
Jan 16, 2025
12:55 PM EST, 01/16/2025 (MT Newswires) -- US equity indexes were mixed in choppy trading on Thursday after retail sales growth slowed by half in December and Q4 earnings season began to pick up steam. The Nasdaq Composite fell 0.2% to 19,472.6. The Dow Jones Industrial Average rose less than 0.1% to 43,250.5. The S&P 500 climbed 0.1% to 5,957.9...
Top Midday Decliners
Top Midday Decliners
Jan 16, 2025
01:31 PM EST, 01/16/2025 (MT Newswires) -- Atara Biotherapeutics ( ATRA ) reported compliance issues on Thursday involving a third-party manufacturing facility for Ebvallo, a treatment for patients with Epstein-Barr virus-positive post-transplant lymphoproliferative disease. Shares slumped 37% as intraday trading volume catapulted to over 1.8 million million versus a daily average of about 127,000. Silexion Therapeutics ( SLXN ) shares...
Exchange-Traded Funds Higher, US Equities Mixed After Midday Trading
Exchange-Traded Funds Higher, US Equities Mixed After Midday Trading
Jan 16, 2025
01:15 PM EST, 01/16/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV rose. Actively traded Invesco QQQ Trust (QQQ) fell 0.1%. US equity indexes were mixed in choppy midday trading Thursday as retail sales grew less than expected in December and quarterly earnings season got underway. Energy iShares US Energy ETF (IYE) and Energy Select Sector...
Copyright 2023-2026 - www.financetom.com All Rights Reserved