03:22 PM EDT, 08/08/2025 (MT Newswires) -- Consumer stocks advanced late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.2%.
In corporate news, Sweetgreen ( SG ) shares tumbled 26%, a day after the company posted a wider-than-expected loss and revenue miss in Q2 and lowered 2025 guidance.