Sector Update: Consumer Stocks Gain Late Afternoon

BY MT Newswires | ECONOMIC | 11/21/25 03:48 PM EST

03:48 PM EST, 11/21/2025 (MT Newswires) -- Consumer stocks were rising late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2.5%.

The University of Michigan consumer sentiment index was revised higher to 51.0 for November from 50.3 in the preliminary estimate, versus the 50.6 outlook in a survey compiled by Bloomberg.

In corporate news, Ford (F) shares rose 3.3% after the carmaker reaffirmed its full-year 2025 guidance.

Ross Stores (ROST) jumped past 8% after the discount retailer reported an unexpected increase in its fiscal Q3 earnings.

Nike (NKE) may reemerge as a sneaker suitor for National Basketball Association star Stephen Curry following his split last week with Under Armour (UAA) , Bloomberg reported. Nike (NKE) shares rose 2.3% and Under Armour (UAA) stock added 2.6%.

RCI Hospitality (RICK) stock surged past 10% after it repurchased 821,000 shares from ADW Capital Partners for $30 million.

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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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