03:24 PM EDT, 09/12/2024 (MT Newswires) -- Consumer stocks rose late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1.1%.

In corporate news, Kroger ( KR ) shares jumped 6.2%. The company lifted the midpoint of its full-year identical sales forecast, underscoring optimism that consumers will continue prioritizing spending on food and essentials.