01:37 PM EDT, 10/23/2024 (MT Newswires) -- Consumer stocks were decreasing Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.6%.

In corporate news, McDonald's (MCD) shares slumped past 5% in recent Wednesday trading after the US Centers for Disease Control and Prevention said Tuesday that an E. coli outbreak in 10 states is linked to the fast-food giant's Quarter Pounder burgers.