03:48 PM EDT, 11/01/2024 (MT Newswires) -- Consumer stocks rose late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.8%.

In corporate news, Walt Disney ( DIS ) is creating a new group to coordinate the company's use of artificial intelligence and mixed reality, Reuters reported. Disney ( DIS ) shares were shedding 0.3%.

Interface (TILE) shares surged 33%. The company reported Friday an increase in Q3 adjusted earnings and net sales while raising its full-year revenue outlook.

Charter Communications ( CHTR ) Q3 results increased year over year and topped market estimates, buoyed by double-digit revenue gains in residential mobile services and advertising. Its shares jumped 12%.

Cumulus Media ( CMLS ) shares slumped past 20% after swinging to a Q3 loss.