03:56 PM EDT, 03/23/2026 (MT Newswires) -- Consumer stocks rose late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) climbing 2.7%.

In corporate news, Playboy (PLBY) shares gained 2.8% after the company said it closed the initial sale of 16.67% of its China joint venture to UTG Brands Management as part of a plan to ultimately sell 50% of the JV to UTG.

Toyota Motor ( TM ) shares rose 2.8% after the company said Monday it plans to invest $1 billion in its operations in Kentucky and Indiana to expand manufacturing and support electrification.

Sen. Adam Schiff (D., Calif.) and Sen. John Curtis (R., Utah) are introducing a bill Monday that would block Kalshi, Polymarket, and other Commodity Futures Trading Commission-regulated firms from listing contracts related to sporting events, The Wall Street Journal reported, citing comments from the legislators. Flutter Entertainment ( FLUT ) shares climbed 4.7%, and DraftKings ( DKNG ) rose 1.5%.

WeRide ( WRD ) reported on Monday a narrower net loss in Q4 as revenue jumped from a year ago. Its shares rose past 11%.