Consumer stocks were mixed late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.3%.
In corporate news, Wynn Resorts (WYNN) won't apply for a casino license in New York, citing local opposition and a rezoning process that makes the project less attractive, Bloomberg reported. Wynn shares fell 0.3%.
Dollar General (DG) shares gained 4.9%. Goldman Sachs and Morgan Stanley raised their price targets on the stock.
Bath & Body Works (BBWI) named a new chief executive officer and reported preliminary fiscal Q1 earnings that exceeded the high end of guidance. The shares fell 0.6%.
President Donald Trump criticized Walmart (WMT) on Saturday, accusing the retailer of using tariffs as an excuse to increase prices despite strong profit. Walmart shares eased 0.2%.
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