01:53 PM EDT, 03/12/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1%.

In corporate news, Casey's General Stores (CASY) shares jumped 6.5% after the company reported fiscal Q3 earnings and revenue that topped Wall Street estimates.

Tesla (TSLA) vehicle registrations fell by 11% in January in the US, while those of rivals surged by 44%, led by Ford (F), Chevrolet and Volkswagen, Automotive News reported. Tesla shares climbed 8.2%, and Ford fell 1.1%.

Arcos Dorados Holdings ( ARCO ) shares rose 6% after the company reported Q4 earnings that rose more than expected by analysts.