Sector Update: Consumer

MT newswire2026/10/20 16:59

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12:59 PM EDT, 10/20/2026 (MT Newswires) -- Consumer stocks were higher Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.8%. In corporate news, General Motors (GM) shares fell past 8% after its updated 2026 profit guidance fell short of Wall Street's projections at the midpoint, overshadowing a Q3 beat and a share buyback plan.

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Researchers combined Amgen's Imdelltra with AstraZeneca's Imfinzi and found that for patients with aggressive lung cancer whose tumors had already spread, this combination extended survival by about eight months compared to Imfinzi monotherapy. Small cell lung cancer is one of the cancer types with the worst prognosis.

智通财经•2026/10/25 02:56