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Sector Update: Consumer Stocks Mixed Late Afternoon
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Sector Update: Consumer Stocks Mixed Late Afternoon
Mar 17, 2026 1:21 PM

03:54 PM EDT, 03/17/2026 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.9%.

In corporate news, Uber ( UBER ) and Nvidia (NVDA) said late Monday they intend to launch a global fleet of autonomous vehicles powered by L4 software from the chipmaker in H1 2027. Uber ( UBER ) shares popped 5.1%.

Academy Sports and Outdoors ( ASO ) shares fell 11% after the company on Tuesday guided for 2026 revenue and earnings below Wall Street's expectations as pressure on discretionary spending is expected to persist this year.

Delta Air Lines ( DAL ) , American Airlines ( AAL ) and JetBlue Airways ( JBLU ) raised their Q1 revenue expectations on Tuesday, citing strong demand trends even as the airline industry grapples with high jet fuel prices amid the Middle East conflict. Delta shares jumped past 6%, and American rose 3.6%, while JetBlue ( JBLU ) was down 1.1%.

Six Flags Entertainment ( FUN ) is being urged by activist investor Jana Partners to explore a sale and immediately appoint a new chairman of its board of directors, Reuters reported Tuesday, citing a letter it reviewed. Six Flags shares climbed past 7%.

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