03:33 PM EDT, 07/17/2025 (MT Newswires) -- Consumer stocks rose late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.4%.

In corporate news, Alaska Air ( ALK ) is considering refinancing $689 million in government loans it received in 2020 and 2021 to cover employee costs during the pandemic, Bloomberg reported. Alaska Air ( ALK ) shares rose 3%.