03:28 PM EDT, 04/01/2024 (MT Newswires) -- Consumer stocks declined late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.9%.

In corporate news, Conagra Brands ( CAG ) looks set to report in-line fiscal Q3 results on April 4 with sequential volume progress reflecting increased promotions, potentially leading the foodservice company to reiterate its full-year guidance, RBC Capital Markets said. RBC kept the company's sector perform rating and $29 price target. Conagra shares were up marginally.