01:35 PM EDT, 08/05/2024 (MT Newswires) -- Consumer stocks were retreating Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.5%.

In corporate news, Tyson Foods ( TSN ) shares popped 3.6% after it reported fiscal Q3 adjusted earnings Monday of $0.87 per share, up from $0.15 a year earlier, and above the Capital IQ consensus analyst estimate of $0.67.