01:32 PM EST, 01/15/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 2.1%.

In corporate news, Beacon Roofing Supply ( BECN ) shares jumped 9% after QXO (QXO) announced an offer to buy Beacon for $124.25 in cash, representing a total transaction value of about $11 billion. QXO shares were down 2.2%.