03:32 PM EDT, 09/19/2024 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 2%.
In corporate news, Wynn Resorts ( WYNN ) and some of its former executives agreed to a $70 million settlement in a class action lawsuit alleging the company breached federal securities laws by concealing sexual misconduct claims against former Chief Executive Officer Steve Wynn, according to a court filing. Wynn Resorts ( WYNN ) shares rose 1.4%.