Sector Update: Consumer Stocks Mixed Late Afternoon

MT Newswires Live

Oct 07

Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%.

In corporate news, Mattel (MAT) and Microsoft-backed (MSFT) OpenAI are partnering to test Sora 2, the ChatGPT maker's AI video model, Reuters reported, citing OpenAI Chief Executive Sam Altman at a conference. Mattel shares fell 0.1%.

Tesla (TSLA) shares gained 4.8% after the electric carmaker hinted at an event or announcement likely scheduled for Tuesday.

Live Nation Entertainment's (LYV) appeal for an arbitration agreement in a consumer antitrust case was rejected by the Supreme Court, allowing the class-action lawsuit to proceed, Bloomberg reported. Live Nation shares shed 0.6%.

Stellantis (STLA) plans a roughly $10 billion investment in the US in a bid to refocus on that market, Bloomberg reported Saturday. Stellantis shares added 0.9%.

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Mattel shares fell 0.1%.</p><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> (TSLA) shares gained 4.8% after the electric carmaker hinted at an event or announcement likely scheduled for Tuesday.</p><p><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a>'s (LYV) appeal for an arbitration agreement in a consumer antitrust case was rejected by the Supreme Court, allowing the class-action lawsuit to proceed, Bloomberg reported. Live Nation shares shed 0.6%.</p><p>Stellantis (STLA) plans a roughly $10 billion investment in the US in a bid to refocus on that market, Bloomberg reported Saturday. Stellantis shares added 0.9%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0079474960.USD","symbol_name":"联博美国增长基金A","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2573600035","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573600035","pubTimestamp":1759780104,"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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Mattel shares fell 0.1%.Tesla (TSLA) shares gained 4.8% after the electric carmaker hinted at an event or announcement likely scheduled for Tuesday.Live Nation Entertainment's (LYV) appeal for an arbitration agreement in a consumer antitrust case was rejected by the Supreme Court, allowing the class-action lawsuit to proceed, Bloomberg reported. Live Nation shares shed 0.6%.Stellantis (STLA) plans a roughly $10 billion investment in the US in a bid to refocus on that market, Bloomberg reported Saturday. Stellantis shares added 0.9%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}