03:35 PM EDT, 03/17/2025 (MT Newswires) -- Consumer stocks were higher late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) rising 1.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.

In corporate news, Guess? (GES) shares surged 30% after the company said it received a non-binding going-private proposal from WHP Global's WHP Investments to buy all outstanding shares for $13 per share in cash.