Sector Update: Consumer Stocks Advance Friday Afternoon

MT Newswires Live

Aug 09

Consumer stocks rose Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.2%.

In corporate news, Netflix (NFLX) shares rose 2.7% after Bloomberg reported the company is in talks with Major League Baseball about acquiring rights to stream the Home Run Derby.

Monster Beverage (MNST) shares jumped 6.3%, a day after the company recorded better-than-expected Q2 results with tariffs having an immaterial impact on operations.

Wendy's (WEN) lowered its full-year earnings and global systemwide sales outlook on Friday, even though the fast food chain recorded fiscal Q2 results above market expectations. Its shares added 0.7%.

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Its shares added 0.7%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0077335932.USD","symbol_name":"FIDELITY AMERICAN GROWTH \"A\" INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2558579952","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558579952","pubTimestamp":1754674580,"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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