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Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/21 16:57
12:57 PM EDT, 10/21/2026 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) shedding 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 0.4%. In corporate news, Netflix (NFLX) shares fell 4.8% after the streaming giant issued a Q4 outlook below Wall Street's estimates, even though it posted better-than-expected earnings in the previous three-month period.
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