01:37 PM EDT, 10/16/2024 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.2%.

In corporate news, United Airlines (UAL) shares jumped past 12%. The company reported Q3 adjusted earnings late Tuesday that beat market expectations as sales increased from a year ago. The carrier also unveiled a repurchase program of up to $1.5 billion.