03:25 PM EST, 02/13/2025 (MT Newswires) -- Consumer stocks were rising late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.5%.

In corporate news, Papa John's International (PZZA) shares jumped past 19% after Semafor reported that an investment fund backed by a member of Qatar's royal family is mulling a takeover of the pizza restaurant chain.