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Sector Update: Consumer Stocks Rise Late Afternoon

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Consumer stocks were higher late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.8%.

In corporate news, Roku (ROKU) and Florida Attorney General James Uthmeier said Friday the company agreed to enhance its safety controls by offering parents greater oversight over what their children can stream, resolving a state enforcement action under the Florida Digital Bill of Rights. Roku shares rose 1.3%.

DraftKings (DKNG) shares jumped past 8% after the company said Friday it launched its prediction markets exchange DKeX.

Lukas Walton, an heir to the Walmart (WMT) fortune, and his wife, Samantha, are buying a minority stake in the National Basketball Association's Chicago Bulls, Bloomberg reported. Walmart shares were up 0.6%.

Unilever (UL) is considering a bid for Thorne, a South Carolina-based company that sells dietary supplement pills, valued at up to $4 billion, the Financial Times reported. Unilever shares increased 0.2%.

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Sector Update: Financial Stocks Mixed Late Afternoon

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Sector Update: Healthcare Stocks Gain Late Afternoon

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