03:32 PM EST, 01/27/2025 (MT Newswires) -- Consumer stocks climbed late Monday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) rising 2.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

In corporate news, Sirius XM (SIRI) cut 100 jobs, or less than 2% of its staff, Bloomberg reported. Sirius shares fell 0.8%.