01:31 PM EDT, 09/12/2024 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.9%.

In corporate news, Warner Bros. Discovery (WBD) and Charter Communications ( CHTR ) said they have signed a multi-year distribution deal integrating linear video and streaming services. Warner Bros. shares jumped 6.7% and Charter was up 2.8%.