Sector Update: Consumer Stocks Mixed in Afternoon Trading

Fidelity
2026.05.18 17:54
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Consumer stocks showed mixed performance, with the Consumer Staples ETF up 0.8% and the Discretionary ETF down 0.1%. Lululemon's shares rose 0.6% after criticizing founder Chip Wilson's views. Home Depot and Lowe's may lower guidance due to weak consumer sentiment, with Home Depot shares up 0.3%. Macy's shares increased 0.5% following a $55 million investment from Berkshire Hathaway.