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Sector Update: Consumer Stocks Mixed in Afternoon Trading
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Sector Update: Consumer Stocks Mixed in Afternoon Trading
Jun 9, 2025 11:24 AM

01:59 PM EDT, 06/09/2025 (MT Newswires) -- Consumer stocks traded mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.

In corporate news, Warner Bros. Discovery ( WBD ) shares were down 0.4% after the company said it plans to split into two publicly traded companies, with one focused on streaming and movies business and the other on its television networks portfolio.

United Natural Foods ( UNFI ) shares fell past 8% after the company said in a regulatory filing Monday that it became aware on June 5 of "unauthorized activity" on some of its IT systems.

Tesla (TSLA) shares were up 1.8%. President Donald Trump said he had no desire to reconcile with the electric vehicle maker's Chief Executive Elon Musk following their recent feud on social media.

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