03:50 PM EST, 11/19/2025 (MT Newswires) -- Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) falling 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) decreasing 0.2%.

In corporate news, Warner Music ( WMG ) said Wednesday it has reached a deal with Udio to resolve copyright litigation and support the development of a licensed AI-powered music platform set to launch in 2026. Warner Music ( WMG ) shares rose 2.7%.

Target ( TGT ) lowered the top end of its full-year earnings guidance on Wednesday as fiscal Q3 comparable sales dropped more than Wall Street's estimates, while the retailer maintained a cautious outlook for the holiday season. Its shares fell 3.3%.

TJX (TJX) raised its full-year outlook Wednesday after the discount retailer's fiscal Q3 results came in stronger than Wall Street's expectations. Its shares added 0.6%.

Lowe's (LOW) lifted its full-year sales outlook on Wednesday, while the home-improvement retailer's fiscal Q3 earnings exceeded market expectations. Its shares popped 4.1%.