01:43 PM EDT, 07/01/2024 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.3%.

In corporate news, Chewy (CHWY) shares reversed early morning gains after a regulatory filing showed that meme stock influencer Keith Gill, known as "Roaring Kitty" on social media, has a 6.6% stake in the online pet store. Chewy shares fell 4.3% in recent trading.