03:49 PM EDT, 10/16/2024 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) little changed, paring earlier losses, and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.

In corporate news, British American Tobacco ( BTI ) shares rose 1.3%. The company plans to introduce a version of its Velo nicotine pouches containing synthetic nicotine in the US, Reuters reported.

United Airlines (UAL) shares jumped 14%, a day after the company reported Q3 adjusted earnings that beat market expectations as sales increased. The carrier also unveiled a repurchase program of up to $1.5 billion in securities.

Container Store ( TCS ) stock surged 13%, a day after the company disclosed a $40 million investment from Beyond (BYON). Shares of Beyond shares fell 0.1%.

Hasbro ( HAS ) is close to a decision to move its headquarters to Boston from Pawtucket, Rhode Island, the Boston Globe reported. Hasbro ( HAS ) shares rose 0.2%.