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Sector Update: Consumer

Sector Update: Consumer

MT newswireMT newswire2026/10/26 16:49
12:49 PM EDT, 10/26/2026 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1.2%. In corporate news, JetBlue Airways (JBLU) shares fell past 14% amid growing scrutiny over how the US airline plans to shore up its finances, Bloomberg reported. If fuel prices remain high, JetBlue may need to shift from cash-burning to regularly generating cash, Bloomberg Intelligence Analyst George Ferguson was cited as saying.
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