01:26 PM EST, 01/24/2025 (MT Newswires) -- Consumer stocks were mixed Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5%.

In corporate news, Diageo ( DEO ) shares jumped 4.8%. The company is looking into potentially spinning off or selling its beer brand Guinness that would likely be valued at more than $10 billion, Bloomberg reported.