Sector Update: Consumer Stocks Advance in Afternoon Trading

01:38 PM EST, 11/09/2026 (MT Newswires) -- Consumer stocks were higher Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 3.1%. In corporate news, Walt Disney's (DIS) Disney+ plans to focus on uploading more vertical video clips, adding creator content and introducing a free tier in 2027, Business Insider reported, citing screenshots of an internal presentation it viewed. Disney shares rose 1.6%. Honda Motor (HMC) plans to invest $3 billion in a new auto factory in Ohio and operation expansion at other US facilities. Honda shares were up 0.2%. Tesla's (TSLA) backlog for the electric-powered carmaker's Cybertruck is "far more" than the company can produce before it plans to discontinue the model, CEO Elon Musk said Saturday. Tesla shares were up 5%.