03:28 PM EDT, 07/09/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.
In sector news, Linda Yaccarino said Wednesday on X that she is stepping down as chief executive of the social media company.
In corporate news, Kraft Heinz ( KHC ) is selling its Italian baby and specialty food business to NewPrinces, the Italy-based buyer said Wednesday. Kraft Heinz ( KHC ) shares were down 0.2%.