Sector Update: Consumer Stocks Mixed Premarket Monday

MT Newswires Live
10/06

Consumer stocks were mixed premarket Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.6% higher.

Toyota Motor (TM) Chairman Akio Toyoda's proposal to buy out Toyota Industries has been delayed amid a longer-than-expected approval process under antitrust laws in various countries, Bloomberg News reported, citing Toyota Industries. Toyota Motor stock was up more than 2% pre-bell.

Kroger (KR) shares were 0.4% lower after the company said it has voluntarily recalled basil pesto bowtie salad and smoked mozzarella penne salad sold across various US states, citing a possible health risk.

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