03:53 PM EDT, 09/17/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%.

In corporate news, General Motors ( GM ) is in early talks to renew its longstanding joint venture with China's SAIC Motor, Bloomberg reported. GM shares rose 0.6%.

The European Commission is resuming a probe into Mars' planned acquisition of Kellanova ( K ) , with a decision deadline set for Dec. 19. Kellanova ( K ) shares declined 1%.

Lyft ( LYFT ) and Alphabet's (GOOGL, GOOG) Waymo formed a partnership to provide an autonomous ride-hailing service in Nashville, Tennessee, starting in 2026. The companies will use Lyft's ( LYFT ) Flexdrive system to back Waymo's autonomous vehicle fleet in the city. Lyft ( LYFT ) shares jumped 13%.

Manchester United ( MANU ) expects revenue in fiscal 2026 to decline from the prior year, while the UK soccer club's Q4 loss narrowed as sales improved. The shares fell 6.3%.

General Mills' ( GIS ) fiscal Q1 results fell amid lower volume, while the maker of Cheerios and Betty Crocker reiterated its full-year outlook. The shares fell 0.9%.