01:15 PM EDT, 06/20/2025 (MT Newswires) -- Consumer stocks were rising Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

In corporate news, GMS (GMS) shares jumped 25% after QXO (QXO) offered to purchase the building products distributor for roughly $5 billion earlier in the week. Separately, media outlets reported that Home Depot (HD) has submitted its own takeover offer for GMS.