Sector Update: Consumer

MT newswire2026/09/29 13:00

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09:00 AM EDT, 09/29/2026 (MT Newswires) -- Consumer stocks were declining premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% lower. British American Tobacco (BTI) continues to expect 2026 adjusted earnings per share growth towards the middle of its outlook range of 5% to 8% at constant exchange rates, the company said. Shares of British American Tobacco were down more than 1.1% pre-bell.

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A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

华尔街见闻•2026/10/16 22:46