Sector Update: Consumer Stocks Mixed Late Afternoon

03:51 PM EDT, 09/28/2026 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1.2%. In corporate news, Getty Images (GETY) is discussing fresh financing with lenders as it seeks to shore up liquidity, with a debtor-in-possession loan among the options under consideration, Bloomberg reported. Shares fell 41%. Paramount Skydance's (PSKY) plan to raise over $44 billion from dollar and euro bond sales to fund its acquisition of Warner Bros. Discovery (WBD) has been set in motion as Bank of America and Citigroup started holding calls to gauge investor interest, Bloomberg reported. Paramount shares rose 3.1%. General Motors (GM) CFO Paul Jacobson warned of increasing competition in the US, with global automakers expanding their US presence amid fierce competition with Chinese rivals, the Financial Times reported, citing an interview with Jacobson. GM shares were down 2.2%. Honda Motor (HMC) has paused operations at its motorcycle manufacturing facility in Bangkok, Thailand, amid persistent heavy rains that began late last week, Nikkei Asia reported. Shares fell 1.3%.