01:11 PM EDT, 07/30/2025 (MT Newswires) -- Consumer stocks were slipping Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%.

In corporate news, Amazon's ( AMZN ) deal with the New York Times (NYT) will likely fetch the news publisher about $20 million to $25 million a year, The Wall Street Journal reported. Amazon ( AMZN ) shares were 0.3% lower while the New York Times was up 0.1%.