Consumer stocks rose late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.
In corporate news, Turning Point Brands (TPB) shares added 2.7% after the tobacco company reported preliminary Q4 net sales of $93.1 million to $94.1 million.
Hain Celestial (HAIN) shares fell nearly 13% after the firm said it's exploring strategic options for its personal care business as it shifts focus to its better-for-you food and beverages portfolio.
Hyatt Hotels (H) agreed to buy Playa Hotels & Resorts (PLYA) for $2.6 billion, including $900 million of debt. Hyatt shares shed 0.9%, and Playa rose 2.2%.
McDonald's (MCD) posted a surprise same-store sales increase in Q4 but its revenue unexpectedly fell, while the fast-food giant continued to see the impact of an E. coli outbreak last year. The shares rose 5%.
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