02:10 PM EDT, 04/09/2025 (MT Newswires) -- Consumer stocks were rising Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) climbing 4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) jumping 9%.

In corporate news, Delta Air Lines ( DAL ) shares surged 20% after it reported better-than-expected Q1 earnings.

Walmart ( WMT ) shares spiked 10% after it reiterated its sales and operating income growth outlooks for fiscal 2026.

Simply Good Foods ( SMPL ) shares jumped 11% after it reaffirmed its full-year guidance and reported fiscal Q2 results that surpassed Wall Street's expectations.