03:51 PM EDT, 08/25/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1.7%, and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.
In corporate news, Honda Motor ( HMC ) is facing an investigation by the US National Highway Traffic Safety Administration over complete engine failure risk in about 1.4 million of its US vehicles, the regulator disclosed Monday. Honda ( HMC ) shares declined 1%.
Keurig Dr Pepper ( KDP ) has agreed to buy Dutch coffee maker JDE Peet's in an all-cash deal worth about 15.7 billion euros ($18.37 billion), with the US beverage company planning to separate into two independent entities after the deal closes. Keurig shares were falling over 11%.
Spirit Aviation's ( FLYY ) Spirit Airlines unit is mulling strategic options after its recent financial restructuring fell short of putting the airline on a sustainable track, The Wall Street Journal reported late Friday. Spirit Aviation ( FLYY ) shares dropped 12%.
PDD's (PDD) Q2 earnings fell year over year amid intense competition, but exceeded market views, while the Chinese e-commerce platform flagged near-term profitability challenges as it continues to invest in merchant support measures. PDD shares rose 1%.