03:31 PM EDT, 07/29/2024 (MT Newswires) -- Consumer stocks were rising late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.6%.

In corporate news, United Parks & Resorts ( PRKS ) shares slumped 4% after the company said Monday it expects Q2 revenue to be around $495 million to $500 million, compared with $496 million a year earlier. Analysts polled by Capital IQ expect $506.1 million.