01:16 PM EDT, 07/17/2025 (MT Newswires) -- Consumer stocks were rising Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) each adding 0.4%.
In corporate news, PepsiCo ( PEP ) shares jumped past 6% after it reported an unexpected year-over-year increase in its fiscal Q2 revenue on Thursday, while the beverage and snacks company provided an improved full-year earnings outlook amid easing foreign-exchange headwinds.