01:18 PM EDT, 07/09/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.2%.

In corporate news, Starbucks ( SBUX ) shares rose 0.3% after Bloomberg reported the coffee chain received proposals from prospective investors eyeing a controlling stake in its China business.