03:23 PM EST, 11/21/2024 (MT Newswires) -- Consumer stocks were rising late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%.
In corporate news, Warner Music's ( WMG ) shares slumped almost 7% after the company's fiscal Q4 earnings fell and missed consensus.