Sector Update: Consumer
MT newswire2026/09/10 19:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:23 PM EDT, 09/10/2026 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) adding 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.5%. In corporate news, Starbucks (SBUX) is allotting $1 billion to improve its stores' interiors aiming to lure back customers and make them stay longer, the Financial Times reported, citing company senior vice president Dawn Clark. About 1,500 renovations will be done by the end of September, and the program will be expanded in the coming years to include 8,000 or 9,000 of over 11,000 company-operated stores in North America, the Times cited the company's CEO Brian Niccol as saying. Starbucks shares were down 1.1%.
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