Sector Update: Consumer Stocks Mixed Premarket Monday

BY MT Newswires | CORPORATE | 06/30/25 09:12 AM EDT

09:12 AM EDT, 06/30/2025 (MT Newswires) -- Consumer stocks were mixed premarket Monday, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher recently.

Carnival (CCL) shares were up more than 1% after the company said it launched a private offering of 1 billion euros ($1.17 billion) of new senior unsecured notes due 2031.

Hyatt Hotels (H) shares were nearly 2% higher after the company said it has agreed to sell its Playa hotels and resorts portfolio to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners and Rodina, for $2 billion.

ATRenew (RERE) shares were up about 5% after the company said its board has approved the buyback of up to $50 million of its shares over a 12-month period.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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