03:23 PM EDT, 10/31/2024 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%.

In corporate news, Estee Lauder ( EL ) shares tumbled 22%. The company withdrew fiscal 2025 guidance and slashed the dividend after Q1 sales fell more than expected amid headwinds in China and Asia travel retail.