Consumer stocks were rising Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing 1.1%.

In corporate news, Dollar Tree (DLTR) on Monday forecast annual growth in full-year results, while the discount retailer's Q4 profit exceeded Wall Street's expectations despite weather-related store closures. Its shares jumped past 7%.