During the week of October 12–16, the Consumer Staples Select Sector SPDR Fund (XLP) rose 5%, its best week since February, while the SPDR S&P 500 ETF (SPY) fell 1.97% and the Invesco QQQ Trust (QQQ) dropped 5.5%. Cracker Barrel (CBRL) gained 20% on the week, extending a 171% year-to-date surge after a leadership change and the reversal of an unpopular rebrand; its fiscal Q4 adjusted EPS of $0.99 beat the $0.18 estimate. Signet Jewelers (SIG) rose 12.6% on reports it is in advanced talks to join a consortium buying De Beers, and VF Corp. (VFC) gained 12% after Truist upgraded it to Buy. On the downside, Kandi Technologies (KNDI) plunged 38% to a near six-year low as it announced a 1-for-10 reverse stock split, Six Flags (FUN) fell 29% to a six-year low after a visitor's death at its Georgia park, and Newsmax (NMAX) lost over 15%.
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Related tickers and likely impact
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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