03:37 PM EDT, 06/18/2025 (MT Newswires) -- Consumer stocks were advancing late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.4%.
In corporate news, Nike ( NKE ) delayed the launch of its new brand with Kim Kardashian's Skims label after production setbacks, Bloomberg reported. Nike ( NKE ) shares were down 0.8%.