01:33 PM EDT, 10/30/2024 (MT Newswires) -- Consumer stocks were higher Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up fractionally and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.

In corporate news, Wingstop ( WING ) shares (WING) plunged nearly 20% after the fast-food restaurant's Q3 earnings missed forecasts, while Shake Shack ( SHAK ) shares jumped 10% after it delivered a quarterly beat.