Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.1%.
In corporate news, Amazon (AMZN) said Monday it is committing about $1.9 billion toward its delivery service partner program, which is expected to increase the per hour driver pay to a national average of nearly $23 per hour, depending on the partner and location. Amazon shares were up 0.9%.
OpenAI launched Instant Checkout in ChatGPT, enabling US users to purchase directly from Etsy (ETSY) sellers, with Shopify (SHOP) merchants to be added soon. Etsy shares jumped 16% and Shopify gained past 6%.
Honda (HMC) shares fell 2% after it said Monday that its global production fell to 267,005 units in August from 307,033 a year earlier.
Bally's (BALY) shares added 7.3% after the firm said it plans to build Bally's Las Vegas, a new entertainment resort destination to be built on the former site of Tropicana in Las Vegas.