03:21 PM EDT, 09/26/2024 (MT Newswires) -- Consumer stocks were rising late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%.

In corporate news, TKO (TKO) said in a filing Thursday it reached a new $375 million settlement on claims asserted in class action lawsuit filed by former UFC fighters. TKO shares rose over 1%.