03:32 PM EDT, 03/25/2026 (MT Newswires) -- Consumer stocks were higher late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 1%.
In corporate news, DraftKings ( DKNG ) and Flutter Entertainment ( FLUT ) unit FanDuel were sued in a product-liability case alleging the companies used modern technology to encourage addictive microbetting, the Public Health Advocacy Institute said Tuesday. DraftKings ( DKNG ) shares fell 7.9%, and Flutter was shedding 3.9%.