03:33 PM EDT, 08/08/2024 (MT Newswires) -- Consumer stocks rose late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2%.

In corporate news, Krispy Kreme (DNUT) shares jumped 15%. The company tempered its full-year guidance to reflect the recent sale of a majority interest in Insomnia Cookies, while Q2 revenue topped estimates by analysts.