01:33 PM EDT, 08/12/2024 (MT Newswires) -- Consumer stocks fell Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%.

In corporate news, Walt Disney ( DIS ) on Sunday announced a multiyear expansion plan for theme parks and cruise lines to reinvigorate its experiences segment amid moderating demand. The shares eased 0.1%.