02:11 PM EDT, 07/18/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.7%.

In sector news, President Donald Trump is advocating for a minimum tariff of 15% to 20% on EU goods, up from the 10% previously discussed during negotiations, the Financial Times reported Friday, citing three people briefed on the talks.

In corporate news, Topgolf Callaway Brands' (MODG) spinoff of its TopGolf business should unlock value but the company's 2025 earnings are likely to remain under pressure due to near-term challenges, Morgan Stanley said in a Thursday note. Topgolf Callaway shares were down 0.9%.

Marcus (MCS) shares are seen as undervalued and are set to benefit from a "more consistent" slate of theatrical releases over the next few quarters, Wedbush said in a note Friday. Marcus shares jumped 5%.