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Sector Update: Consumer Stocks Mixed Pre-Bell Monday

Sector Update: Consumer Stocks Mixed Pre-Bell Monday

MT newswireMT newswire2026/10/12 13:16
09:16 AM EDT, 10/12/2026 (MT Newswires) -- Consumer stocks were mixed premarket Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) inactive. Stellantis (STLA) shares were up more than 1% pre-bell after the company presented six concept cars ahead of the Paris Motor Show, among more than 60 vehicles the automotive giant exhibited at the weeklong event. CNBC reported that the carmaker's Chief Executive Antonio Filosa has called on Europe to provide more incentives for carmakers to build vehicles in the region as Chinese companies increase their share of the European car market. Mattel (MAT) stock was 2% higher after Seaport Global upgraded the company to buy from neutral. Norwegian Cruise Line (NCLH) shares retreated 1% after Wells Fargo cut its price target on the company to $18 from $20.
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