03:36 PM EST, 01/30/2026 (MT Newswires) -- Consumer stocks rose late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) adding 1.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) fractionally higher.
In corporate news, TAL Education ( TAL ) shares rose 1.4% after brokerages raised the price target of the after-school education firm following upbeat Q3 results Thursday. Morgan Stanley lifted the price target of the stock to $16 from $14.60 and maintained its overweight rating. Macquarie upgraded the company to outperform from neutral and raised its price target to $18 from $13.10.