01:42 PM EST, 11/05/2024 (MT Newswires) -- Consumer stocks were higher Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.5%.

In corporate news, Restaurant Brands International's (QSR) Q3 results fell short of market estimates as overall comparable sales growth slowed down amid declines at Burger King, Popeyes Louisiana Kitchen and Firehouse Subs. Its shares fell 2.6%.