03:23 PM EDT, 07/18/2024 (MT Newswires) -- Consumer stocks were falling late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 1.2%.

In corporate news, D.R. Horton ( DHI ) shares surged 10% after its fiscal Q3 results unexpectedly advanced year over year, while the company narrowed its revenue forecast for the full year.