01:43 PM EDT, 09/25/2024 (MT Newswires) -- Consumer stocks were lower Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

In corporate news, KB Home ( KBH ) shares tumbled 5.3% after the homebuilder's fiscal Q3 earnings fell short of market estimates while net orders remained flat year over year.