financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Mixed Late Afternoon
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Mixed Late Afternoon
May 21, 2026 1:17 PM

03:55 PM EDT, 05/21/2026 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.7%.

In corporate news, Stellantis ( STLA ) is targeting revenue of 190 billion euros ($220.8 billion) by 2030, versus 154 billion euros in 2025. The shares eased 0.1%.

Walmart ( WMT ) issued a fiscal Q2 earnings outlook below market estimates after reporting better-than-expected revenue in Q1. The shares fell 6.8%.

Ralph Lauren ( RL ) outlined full-year revenue guidance implying a slowdown after reporting better-than-expected fiscal Q4 results. The shares jumped 14%.

Advance Auto Parts ( AAP ) cautioned that demand for auto parts and vehicle maintenance may fluctuate amid high gasoline prices after Q1 results came in stronger than expected. The shares rose 14%.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Crude Oil Down 2%; Alzamend Neuro Shares Spike Higher
Crude Oil Down 2%; Alzamend Neuro Shares Spike Higher
Aug 19, 2024
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 150 points on Monday. The Dow traded up 0.44% to 40,838.25 while the NASDAQ rose 0.18% to 17,663.86. The S&P 500 also rose, gaining, 0.27% to 5,569.39. Check This Out: Around $2M Bet On This Health Care Stock? Check Out These 3 Stocks Under $5...
Top Midday Stories: AMD to Acquire ZT Systems for $4.9 Billion; General Motors to Lay Off Over 1,000 Salaried Software, Services Workers
Top Midday Stories: AMD to Acquire ZT Systems for $4.9 Billion; General Motors to Lay Off Over 1,000 Salaried Software, Services Workers
Aug 19, 2024
12:02 PM EDT, 08/19/2024 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Monday as investors gear up for the Federal Reserve's annual Jackson Hole Symposium later this week that could provide details on the future path of interest rates. In company news, Advanced Micro Devices ( AMD ) said Monday it has agreed to...
US STOCKS-Wall St drifts higher with focus on Jackson Hole meet
US STOCKS-Wall St drifts higher with focus on Jackson Hole meet
Aug 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Kashkari says appropriate to debate Sept rate cut - report * Estee Lauder ( EL ) drops on downbeat FY profit forecast * AMD up on plans to acquire ZT Systems for $4.9 bln * Indexes up: Dow 0.24%,...
US STOCKS-Wall St extends winning streak ahead of Jackson Hole meet
US STOCKS-Wall St extends winning streak ahead of Jackson Hole meet
Aug 19, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * AMD up on plans to acquire ZT Systems for $4.9 bln * Fed Chair Powell to speak at Jackson Hole on Friday * Indexes up: Dow 0.47%, S&P 500 0.41%, Nasdaq 0.40% (Updated at 11:41 a.m. ET/ 1541 GMT)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved