Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/12 13:05
09:05 AM EDT, 10/12/2026 (MT Newswires) -- Consumer stocks were mixed premarket Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) inactive. Stellantis (STLA) shares were up more than 2% pre-bell after the company presented six concept cars ahead of the Paris Motor Show, among more than 60 vehicles the automotive giant exhibited at the weeklong event. CNBC reported that the carmaker's Chief Executive Antonio Filosa has called on Europe to provide more incentives for carmakers to build vehicles in the region as Chinese companies increase their share of the European car market.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!