01:31 PM EDT, 04/11/2024 (MT Newswires) -- Consumer stocks were advancing Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.9%.

In corporate news, CarMax ( KMX ) shares tumbled 11% as the used-car seller's fiscal Q4 results slid and it pushed out a target for unit sales amid uncertainty regarding market recovery.