01:41 PM EST, 02/13/2025 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1%.

In corporate news, MGM Resorts International ( MGM ) shares jumped past 18% after it reported Q4 adjusted diluted EPS and revenue late Wednesday above the average analyst estimates compiled by FactSet.