financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Mixed in Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Oct 7, 2025 11:18 AM

01:47 PM EDT, 10/07/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) retreating 1.1%.

Redbook US same-store sales rose by 5.8% from a year earlier in the week ended Oct. 4 after a 5.9% year-over-year increase in the previous week.

In corporate news, McCormick ( MKC ) lowered its full-year earnings outlook amid rising commodity costs and incremental tariffs, even though the spices and seasonings producer reported fiscal Q3 results above analyst estimates. Its shares fell 2%.

Carmakers like Ford (F), Toyota ( TM ) , and Stellantis ( STLA ) face potential production disruptions after a recent fire at Novelis' Oswego aluminum plant in New York, The Wall Street Journal reported Monday. The report said Ford is the plant's biggest user, with sources saying the company is likely to flag the fire's potential impacts to the production of its F-150 pickup when it issues its quarterly financial report later this month. Ford shares were down nearly 6%.

Mars' proposed acquisition of Kellanova ( K ) is set to receive unconditional approval from EU antitrust regulators, Reuters reported. Kellanova ( K ) shares added 0.3%.

Constellation Brands ( STZ ) shares rose 1.4% after it reported better-than-expected fiscal Q2 results.

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 >
Research Alert: Coty: Planned Q1 Decline, Turnaround Proof Points In Fragrance And U.s. Market
Research Alert: Coty: Planned Q1 Decline, Turnaround Proof Points In Fragrance And U.s. Market
Nov 5, 2025
05:55 PM EST, 11/05/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Revenue declined 8% LFL, in line with guidance, while adjusted EBITDA fell 18% to $296M and adjusted EPS dropped 20% to $0.12. Prestige showed relative resilience with a 6% LFL...
Japan's Nikkei climbs as Wall Street rebound restores risk appetite
Japan's Nikkei climbs as Wall Street rebound restores risk appetite
Nov 5, 2025
TOKYO, Nov 6 (Reuters) - Japan's Nikkei share average climbed as much as 2% on Thursday, rebounding from steep losses in the previous session, as a strong overnight finish on Wall Street revived risk appetite and boosted investor sentiment. As of 0012 GMT, the Nikkei was up 1.6% at 51,025.90. The broader Topix rose 1.12% at 3,305.12. U.S. stocks rebounded...
MetLife quarterly profit rises on investment gains
MetLife quarterly profit rises on investment gains
Nov 5, 2025
(Reuters) -MetLife ( MET ) reported a rise in third-quarter profit on Wednesday, as the insurer raked in more income from investments. Risk-averse insurers typically hold bond-heavy investment portfolios, which offer better yields in a volatile and uncertain market environment. The company said returns on private equity assets were also higher. MetLife's ( MET ) net investment income came in...
Robinhood, Duolingo, Qualcomm, Applovin And Snap: Why These 5 Stocks Are On Investors' Radars Today
Robinhood, Duolingo, Qualcomm, Applovin And Snap: Why These 5 Stocks Are On Investors' Radars Today
Nov 5, 2025
Major U.S. indices closed higher on Wednesday, with the Dow Jones Industrial Average rising nearly 0.5% to 47,311, the S&P 500 advancing about 0.4% to 6,796.29, and the Nasdaq climbing 0.65% to 23,499.79. These stocks captured the attention of retail traders and investors throughout the day. Robinhood Markets Inc. ( HOOD ) Robinhood’s stock surged by 4.15%, closing at $142.48....
Copyright 2023-2026 - www.financetom.com All Rights Reserved