Shares of retailers and other consumer companies ticked down as investors hedged their bets on the outlook for economic-stimulus talks.

Consumer spending could face a slowdown in the U.S. if supplemental unemployment benefits are not extended and hopes of further stimulus are dashed.

Luxury department store chain Lord & Taylor, an industry pioneer dating back nearly 200 years, filed for bankruptcy along with its owner, the venture-backed fashion-rental subscription service Le Tote, as reported earlier.

Tyson Foods rose after the meatpacker's earnings were not quite as hard hit by pandemic costs as investors had feared.

"Fallout from the coronavirus pandemic pushed S&P 500 second-quarter earnings-per-share growth expectations to the lowest levels since the global financial crisis at the start of the earnings season," said analysts at brokerage Barclays, in a note to clients.

"However, [the rate of] earnings-per-share surprise has also been the strongest since 2009."

Tyson also said Monday that former technology executive Dean Banks will take over as chief executive in October.

Dutch brewer Heineken swung to a quarterly loss, as revenue and volumes fell due to the impact of the pandemic.

Write to Rob Curran at rob.curran@dowjones.com