03:59 PM EDT, 05/05/2025 (MT Newswires) -- Consumer stocks decreased late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 1%.

In corporate news, President Donald Trump said Sunday on Truth Social he plans to impose a 100% tariff on movies made outside of the US. Netflix ( NFLX ) shares fell 1.9%. Warner Bros Discovery ( WBD ) and Paramount Global ( PARAA ) also declined.

Tyson Foods ( TSN ) shares fell 7.5% after the company's fiscal Q2 sales trailed Wall Street estimates.

Skechers USA ( SKX ) shares jumped 24%. The company agreed to be acquired by investment firm 3G Capital for $9.4 billion.

United Airlines (UAL) is cancelling 35 roundtrip flights a day from Newark airport due to Federal Aviation Administration staffing and technology issues, Chief Executive Officer Scott Kirby said Friday. United shares rose 1.2%.