financetom
Market
financetom
/
Market
/
Sector Update: Consumer Stocks Softer in Late Afternoon Trading
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Consumer Stocks Softer in Late Afternoon Trading
Aug 14, 2025 1:07 PM

03:44 PM EDT, 08/14/2025 (MT Newswires) -- Consumer stocks fell late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Peloton Interactive ( PTON ) is planning to upgrade its products with new hardware, accessories and artificial intelligence, Bloomberg reported. Peloton shares fell 1.4%.

Airbnb ( ABNB ) will allow US travelers to book eligible domestic stays without an upfront payment. The shares rose 0.1%.

Tapestry (TPR) issued a full-year earnings outlook below Wall Street's estimates amid tariff-related costs, even as fiscal Q4 results beat expectations. The stock fell 15%.

Advance Auto Parts ( AAP ) shares dropped 7.3% after the company cut fiscal full-year earnings guidance.

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 >
Oil Prices Plunge as Trump Backs Down from a Threat to Attack Iran's Power Infrastructure
Oil Prices Plunge as Trump Backs Down from a Threat to Attack Iran's Power Infrastructure
Mar 23, 2026
08:40 AM EDT, 03/23/2026 (MT Newswires) -- Oil futures were sharply lower early Monday as the market welcomed a stand down on U.S. threats to attack Iran's power and oil infrastructure. West Texas Intermediate (WTI) crude oil for May delivery was last seen down $6.59 to US$91.64, while May Brent oil was down $7.38 to US$104.81. The drop came after...
Sector Update: Financial
Sector Update: Financial
Mar 23, 2026
08:56 AM EDT, 03/23/2026 (MT Newswires) -- Financial stocks were rising premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 2.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was 7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 7.2%. Apollo Global Management ( APO ) has agreed to...
Sector Update: Health Care
Sector Update: Health Care
Mar 23, 2026
08:53 AM EDT, 03/23/2026 (MT Newswires) -- Health care stocks were flat to higher pre-bell Monday, with the iShares Biotechnology ETF (IBB) inactive and the State Street Health Care Select Sector SPDR ETF (XLV) up 1.7%. Apogee Therapeutics ( APGE ) stock was up more than 13% after the company said 52-week maintenance data from Part A of its phase...
Sector Update: Tech
Sector Update: Tech
Mar 23, 2026
08:48 AM EDT, 03/23/2026 (MT Newswires) -- Technology stocks were mixed pre-bell Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 2% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.3% lower. Elliott Investment Management has amassed a multibillion-dollar stake in Synopsys ( SNPS ) and intends to engage with the chip-design software maker to push...
Copyright 2023-2026 - www.financetom.com All Rights Reserved