03:33 PM EST, 03/05/2025 (MT Newswires) -- Consumer stocks rose late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.4%.
In corporate news, Abercrombie & Fitch ( ANF ) shares fell 11% after the apparel retailer guided for a slowdown in sales growth in fiscal 2025, while the Q1 earnings outlook trailed Wall Street estimates.