01:36 PM EDT, 10/04/2024 (MT Newswires) -- Consumer stocks were higher Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.9%.

In corporate news, Spirit Airlines ( SAVE ) shares plunged 27%. The Wall Street Journal reported that the company is in talks with bondholders for the terms of a potential bankruptcy filing.