Sector Update: Consumer Stocks Advance in Afternoon Trading

MT Newswires Live

Feb 11

Consumer stocks rose Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.

In corporate news, Hyatt Hotels (H) agreed to buy Playa Hotels & Resorts (PLYA) for $2.6 billion, including $900 million of debt. Hyatt shares dropped 1%, and Playa rose 2.2%.

McDonald's (MCD) posted a surprise same-store sales increase for Q4, while revenue unexpectedly fell, as the fast-food giant continued to face the impact of an E. coli outbreak last year. The shares rose 4.8%.

Lyft (LYFT) intends to launch fully autonomous robotaxis on its app "as soon as 2026" in Dallas with more markets to follow, TechCrunch reported. Lyft shares rose 4.5%.

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Hyatt shares dropped 1%, and Playa rose 2.2%.</p><p>McDonald's (MCD) posted a surprise same-store sales increase for Q4, while revenue unexpectedly fell, as the fast-food giant continued to face the impact of an E. coli outbreak last year. The shares rose 4.8%.</p><p>Lyft (LYFT) intends to launch fully autonomous robotaxis on its app \"as soon as 2026\" in Dallas with more markets to follow, TechCrunch reported. Lyft shares rose 4.5%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLYA","symbol_name":"Playa Hotels & Resorts NV","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2510730896","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510730896","pubTimestamp":1739213476,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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