Consumer stocks rose Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 3.2%.
In sector news, President Donald Trump said during a cabinet meeting he will announce tariffs on automobiles "very shortly" and on pharmaceuticals "at some point in the not-too-distant future," Bloomberg reported.
In corporate news, James Hardie Industries (JHX) agreed to buy outdoor home products firm Azek (AZEK) for $8.75 billion in a cash and stock deal. Azek shares jumped 14%, and James Hardie fell 18%.
Kenvue (KVUE) is being urged by investor TOMS Capital Investment Management to consider selling the company or spinning off some of its assets, Bloomberg reported. Kenvue shares added 0.4%.
American Rebel (AREB) shares fell past 15% after the firm said Monday it will launch a reverse stock split of its shares at a ratio of 1-for-25.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。