-- Consumer stocks were lower Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) fractionally lower.
In corporate news, Shake Shack (SHAK) shares slumped 28% after the fast food chain operator's Q1 results fell short of Wall Street's estimates amid weather-related headwinds.