03:42 PM EDT, 04/30/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.8%.

In corporate news, Newell Brands ( NWL ) shares dropped 7%. The firm issued a downbeat Q2 earnings outlook and downgraded its full-year core sales guidance, citing a challenging macroeconomic backdrop.