01:29 PM EST, 11/21/2024 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%.

In corporate news, BJ's Wholesale Club (BJ) shares jumped past 10% after the warehouse club operator reported a surprise improvement in fiscal Q3 earnings and announced an increase in membership fee.