01:38 PM EDT, 08/12/2026 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1%.

In corporate news, Home Depot (HD) said CEO Ted Decker is taking a temporary medical leave of absence and is expected to return within the next few months. Senior Executive Vice President Ann-Marie Campbell and Chief Financial Officer Richard McPhail will oversee the operations of the office of the CEO during Decker's absence. Home Depot shares fell 2.8%.

Nelson Peltz's Trian Fund Management is building a consortium of investors for a take-private bid for Wendy's (WEN), the Financial Times reported. The consortium, which may include Flynn Group and BlueFive, may submit its bid in the coming weeks, the report said. Wendy's shares jumped 13%.

President Donald Trump was sued by The Intercept and the Freedom of the Press Foundation over Trump Media & Technology's ( DJT ) plan to charge as much as $100,000 per month for early access to his social media posts, The Intercept reported. Trump Media ( DJT ) shares fell 6.2%.