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Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/12 19:24
03:24 PM EDT, 10/12/2026 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.5%. In corporate news, Albertsons (ACI) wants Kroger (KR) to pay it at least $8 billion after the companies' proposed merger failed two years ago, the Wall Street Journal reported, citing an unsealed filing in Delaware Chancery Court. Albertsons shares rose 1.4%, and Kroger increased 1%.
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