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Consumer Shares Slide as Oil Rebounds and Data Weaken

Consumer stocks fell as oil futures rebounded and fresh economic data pointed to softness, adding to pressure from signs of a troubled housing market and cautious shoppers. Yeti lowered its annual sales outlook, while new weekly jobless claims rose more than expected.

By Money Talk·November 13, 2026·2 min read·171 reads

Consumer Shares Slide as Oil Rebounds and Data Weaken

U.S. existing-home sales in October dropped to their lowest level since 2010. The SPDR S&P Home Builder exchange-traded fund declined 1.7% and is down about 3% year to date.

Yeti, which makes heavy-duty drink coolers and other outdoor gear, cut its sales projection for the year, citing consumer caution. Weekly initial jobless claims also increased by more than anticipated.

Consumer Shares Slide as Oil Rebounds and Data Weaken

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