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Sector Update: Consumer Stocks Mixed Late Afternoon
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Sector Update: Consumer Stocks Mixed Late Afternoon
Sep 12, 2025 1:22 PM

03:47 PM EDT, 09/12/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.

The University of Michigan's preliminary consumer sentiment index declined to 55.4 in September from 58.2 in August, missing the 58.0 estimate compiled by Bloomberg.

In corporate news, Stellantis ( STLA ) shares dropped 2.4% after its Ram unit said Friday it is discontinuing development of a full-size battery electric pickup due to slowing demand in North America.

Uber ( UBER ) is being sued by the US Department of Justice for allegedly discriminating against passengers with disabilities, including people who use service animals and mobility devices like stowable wheelchairs, the DOJ said Friday. Uber ( UBER ) shares were rising 1%.

Amazon ( AMZN ) is testing General Motors' ( GM ) BrightDrop electric van as the e-commerce giant weighs options to lower carbon emissions in its delivery operations, Bloomberg reported. Amazon ( AMZN ) shares were down 1% and GM was easing 0.1%.

RH (RH) shares fell 4.6% after the home furnishing retailer lowered its full-year revenue growth outlook amid persistent tariff-related uncertainties, while its fiscal Q2 results came in below market expectations.

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