03:43 PM EST, 11/07/2025 (MT Newswires) -- Consumer stocks advanced late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) edging up 0.1%.

In economic news, US consumer sentiment fell to the weakest level in more than three years amid concerns about the federal government shutdown's impact on the economy, preliminary results for November from a University of Michigan survey showed Friday.

In corporate news, Expedia ( EXPE ) shares surged 18% after the travel booking platform delivered a quarterly beat late Thursday.

Tesla (TSLA) shares were falling 3.2% in recent Friday trading, a day after shareholders approved Chief Executive Elon Musk's roughly $1 trillion compensation plan, with Wedbush Securities saying the company needs to pass "significant hurdles" to unlock the pay package.

Proxy advisory firm Egan-Jones recommended that Cracker Barrel (CBRL) shareholders vote against five incumbent directors, including Chief Executive Officer Julie Masino and Chairman Carl Berquist, ahead of the company's Nov. 20 annual meeting, according to a statement from Biglari Capital. Cracker Barrel shares rose 2%.

Monster Beverage ( MNST ) shares jumped 5.5% after it recorded better-than-expected Q3 results, buoyed by robust demand for energy drinks.