03:50 PM EDT, 05/12/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) jumping 4.7%.

In corporate news, Marriott International ( MAR ) shares climbed 5.4% after Jefferies upgraded the stock to buy from hold and raised its price target to $303 from $226.

Macy's (M) is likely to withdraw its fiscal 2025 guidance when it reports fiscal Q1 results, due to tariff and macro uncertainties, UBS Securities said in a note Monday. Macy's shares were rising 6.2%.

Fox (FOX) posted a rise in its fiscal Q3 earnings, while revenue topped market estimates as the Super Bowl LIX drove sharp gains in its ad sales. Shares rose 4.2%.

Chegg ( CHGG ) shares jumped past 6%. The firm reported Q1 adjusted loss $0.06 per share, reversing from a profit a year ago. Chegg ( CHGG ) also said it's laying off 22% of its staff to cut costs.