03:28 PM EDT, 04/24/2024 (MT Newswires) -- Consumer stocks were rising late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 1%.

In corporate news, BranchOut Food ( BOF ) shares skyrocketed 67% after the company said Wednesday it has expanded its relationship with a large retailer, bringing the annualized value of commitments from the retailer to over $8 million.