03:54 PM EDT, 04/09/2025 (MT Newswires) -- Consumer stocks were rising late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) climbing 3.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) jumping 10.5%.
In corporate news, Keurig Dr Pepper ( KDP ) shares added 3.4% after Piper Sandler upgraded the stock to overweight from neutral and raised its price target to $40 from $35.
WW International ( WW ) is preparing to file for bankruptcy in the months ahead as part of a plan to shift control of the business to creditors, the Wall Street Journal reported. WW shares plunged 66%.
Delta Air Lines ( DAL ) shares surged 24% after it reported better-than-expected Q1 earnings.
Walmart ( WMT ) shares spiked nearly 10% after it reiterated its sales and operating income growth outlooks for fiscal 2026.