03:28 PM EDT, 09/11/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.6%.

In corporate news, Rentokil Initial ( RTO ) shares tumbled 21% after the company cut its North American organic revenue growth guidance to 1% in H2.