01:55 PM EDT, 05/13/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.7%.
In corporate news, JD.com ( JD ) reported stronger-than-expected Q1 results on Tuesday amid improving consumer sentiment as the Chinese e-commerce giant saw double-digit revenue gains in products and services. Its shares jumped nearly 5%.
McDonald's (MCD) and its franchisees expect to hire up to 375,000 workers this summer nationwide, the company said Monday. McDonald's shares were shedding 0.8%.
Sea (SE) swung to a Q1 profit year over year as the digital entertainment and e-commerce company's revenue surged. Its shares surged 8.4%.