-- Consumer stocks were lower late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.6%.
In corporate news, Caesars Entertainment (CZR) extended the exclusive-talks period regarding an $18 billion takeover by Tilman Fertitta, the owner of the Golden Nugget casino chain, Bloomberg reported. Fertitta has been in talks to buy Caesars for about $32 a share, the report said. Caesars shares rose 1.8%.