01:44 PM EST, 01/13/2025 (MT Newswires) -- Consumer stocks were higher Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) edging up 0.1%.

In corporate news, Abercrombie & Fitch ( ANF ) said that it now expects fiscal Q4 net sales to increase 7% to 8%, up from its prior outlook of 5% to 7% growth. Its shares were falling past 17%.