01:32 PM EST, 01/22/2025 (MT Newswires) -- Consumer stocks were lower Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%.

Redbook US same-store sales rose by 4.5% from a year earlier in the week ended Jan. 18 after a 4% year-over-year increase in the previous week.

In corporate news, Netflix ( NFLX ) shares jumped 10% in recent trading, a day after it reported subscriber growth and earnings that topped analysts' estimates.