Consumer Staples Sector Leads Gains as Midday Stock Movers Take Shape

Midday stock movers include McDonald's (MCD) and Cracker Barrel (CBRL), which are both up around 3% as the Consumer Staples sector outperforms.

The move comes after a mixed morning session, with some sectors, such as Technology and Industrials, lagging behind. Alibaba Group Holding (BABA) is down nearly 5%, contributing to the decline in the sector.

Worthington Industries (WOR), on the other hand, has seen its stock rise by around 2% following news that it will provide steel products for a major defense contractor.