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Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/12 17:05
01:05 PM EDT, 10/12/2026 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.5%. In corporate news, Starbucks (SBUX) told MT Newswires it is not buying Chipotle Mexican Grill (CMG), refuting reporting from last week. Starbucks shares rose 1.6%, and Chipotle fell 4.5%.
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