Sector Update: Consumer Stocks Mixed Friday Afternoon

MT Newswires Live
2025/11/01

Consumer stocks were mixed Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2.2%.

In corporate news, Amazon (AMZN) shares jumped 10% a day after the company reported Q3 results that rose more than expected by analysts.

Newell Brands (NWL) lowered its full-year outlook as the company's Q3 results missed market expectations amid significant trade disruptions, tariff hurdles, and weakness in international markets. The shares slumped 27%.

Alphabet-owned (GOOG) YouTube said late Thursday that Disney (DIS) pulled its programming from YouTube TV after the companies failed to reach a pricing agreement. Disney shares rose 0.2%.

Berkshire Hathaway-owned (BRK.A) Brooks Running is planning a major expansion in China, Bloomberg News reported Friday. Berkshire shares were down 0.5%.

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