Sector Update: Consumer Stocks Mixed in Afternoon Trading
MT newswire2026/09/30 17:46Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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01:46 PM EDT, 09/30/2026 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.1%. In corporate news, Ford (F) CEO Jim Farley said the issue at a supplier that impacted F-150 truck output has been resolved but that it will affect the automaker's Q3 wholesale figures, Reuters reported. Ford shares were down 2%. Cal-Maine Foods (CALM) swung to a fiscal Q1 loss year over year as sales dropped by double digits amid lower egg prices. Its shares fell 2.5%. Conagra Brands (CAG) reported an unexpected year-over-year increase in fiscal Q1 earnings, but volume weakness drove its revenue lower. Shares declined 2.3%. General Mills (GIS) said it has named Chief Operating Officer Dana McNabb as chief executive, effective Jan. 1, replacing Jeff Harmening. Shares were down 2.8%.
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