Consumer stocks were higher Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.9%.
In corporate news, PepsiCo (PEP) is facing a lawsuit filed by the US Federal Trade Commission in a federal court in Manhattan for alleged price discrimination against retailers, Bloomberg reported. PepsiCo shares were up nearly 1%.
Volkswagen aims to expand its partnership with Rivian (RIVN), beyond existing software collaboration, German news outlet Spiegel reported. Volkswagen plans to invest nearly $6 billion in Rivian by 2027. Separately, Rivian said late Thursday it closed a loan agreement with the US Department of Energy for up to $6.6 billion to back the construction of a plant in Georgia. Rivian shares were down fractionally.
Figs (FIGS) has rejected an unsolicited acquisition proposal from Story3 Capital Partners. Figs shares dropped nearly 3%.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。