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Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/07 16:56

12:56 PM EDT, 10/07/2026 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.4%. In corporate news, Constellation Brands (STZ) late Tuesday reiterated its full-year adjusted profit outlook and reported an unexpected increase in fiscal Q2 earnings. The shares rose 2%.

12:56 PM EDT, 10/07/2026 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.4%. In corporate news, Constellation Brands (STZ) late Tuesday reiterated its full-year adjusted profit outlook and reported an unexpected increase in fiscal Q2 earnings. The shares rose 2%.
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