03:33 PM EST, 11/05/2024 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) gaining 1.6%.
In corporate news, Yum Brands ( YUM ) reported weaker-than-expected Q3 results as the Middle East conflict eroded sales at KFC ( YUM ) and Pizza Hut divisions. Yum shares still climbed 1.7%.