03:29 PM EST, 02/28/2025 (MT Newswires) -- Consumer stocks rose late Friday afternoon with both the Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) increasing 0.8%.

In corporate news, Walt Disney's ( DIS ) ESPN BET may shut in 2026, just three years after signing a 10-year, $2 billion deal with Penn Entertainment ( PENN ) , the New York Post reported, citing Penn's earnings call. Disney ( DIS ) shares rose 1.6% and Penn gained 4.9%.