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Sector Update: Consumer Stocks Mixed in Afternoon Trading
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Sector Update: Consumer Stocks Mixed in Afternoon Trading
Aug 3, 2026 10:56 AM

01:43 PM EDT, 08/03/2026 (MT Newswires) -- Consumer stocks were mixed Monday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.7%.

In corporate news, Marriott International ( MAR ) reported Q2 revenue below Wall Street's estimates amid headwinds from the Middle East conflict, while the company provided a downbeat Q3 earnings outlook. The shares fell 6.3%.

Imax ( IMAX ) shares rose 5.1% after the company generated $257 million at the global box office in July, up 47% from its previous monthly record, driven by Christopher Nolan's "The Odyssey."

Cinemark Holdings ( CNK ) recorded its biggest-ever domestic weekend box office, driven by "Spider-Man: Brand New Day" and "The Odyssey." The stock rose 3.3%.

Anheuser-Busch InBev ( BUD ) shareholder Eugenie Patri Sebastien sold a 731 million euro ($842.4 million) stake in the company earlier this year, Bloomberg reported. Anheuser-Busch shares fell 2.8%.

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