01:49 PM EDT, 09/27/2024 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher.
In corporate news, Costco's (COST) fiscal Q4 earnings rose more than expected while the warehouse chain's revenue fell short of Wall Street's estimates. Its shares were falling almost 2%.