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Sector Update: Consumer Stocks Mixed Late Afternoon
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Sector Update: Consumer Stocks Mixed Late Afternoon
Mar 30, 2026 1:25 PM

03:48 PM EDT, 03/30/2026 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.3%.

In corporate news, JetBlue Airways ( JBLU ) is raising bag fees as the price for jet fuel surges amid the Iran war, CNBC reported Monday, citing a company statement. JetBlue ( JBLU ) was down 1.7%.

General Motors ( GM ) will operate its Flint Assembly plant in Michigan, six days a week starting in June, boosting production of heavy-duty pickups as demand remains strong, The Wall Street Journal reported. GM shares decreased 0.6%.

Alaska Air ( ALK ) expects to report a bigger Q1 loss than previously estimated amid higher fuel costs and travel demand disruptions in Mexico and Hawaii. Its shares fell 5.7%.

Sysco ( SYY ) on Monday agreed to acquire Jetro Restaurant Depot in a cash-and-stock deal with an enterprise value of about $29.1 billion, as the food distributor looks to expand into the cash and carry wholesale channel. Sysco ( SYY ) was down past 14%.

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