03:29 PM EDT, 06/05/2024 (MT Newswires) -- Consumer stocks were mixed in late Wednesday afternoon trading, with the Consumer Staples Select Sector SPDR Fund (XLP) slipping 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.4%.
In corporate news, Walt Disney ( DIS ) is close to finalizing an agreement with a Florida oversight board that could include a $17 billion investment by the company in its Florida resort and possible fifth theme park at Walt Disney World, the Associated Press reported Wednesday. Disney ( DIS ) shares were falling 1.9%.