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Sector Update: Consumer Stocks Mixed in Wednesday Trading

Sector Update: Consumer Stocks Mixed in Wednesday Trading

MT newswireMT newswire2026/10/07 17:30

01:30 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%. Walt Disney's (DIS) Disney+ will livestream Super Bowl LXI on Feb. 14, 2027, joining ABC and ESPN, which will also broadcast the game, Disney said Wednesday. Disney shares added 0.6%. Booking (BKNG) could face a US Federal Trade Commission probe over affiliate Priceline.com's online ads that appear to lead consumers to a hotel's website but instead direct them to a third-party site, where they are often charged more, Reuters reported. Booking shares were down 0.7%.

01:30 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%. Walt Disney's (DIS) Disney+ will livestream Super Bowl LXI on Feb. 14, 2027, joining ABC and ESPN, which will also broadcast the game, Disney said Wednesday. Disney shares added 0.6%. Booking (BKNG) could face a US Federal Trade Commission probe over affiliate Priceline.com's online ads that appear to lead consumers to a hotel's website but instead direct them to a third-party site, where they are often charged more, Reuters reported. Booking shares were down 0.7%.
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