03:28 PM EDT, 05/21/2025 (MT Newswires) -- Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) dropping 2.4%.

In corporate news, Lowe's (LOW) maintained its full-year outlook on Wednesday as its Q1 earnings and comparable sales declined less than market estimates despite housing market headwinds. Its shares were down 2.2%.