03:34 PM EDT, 06/01/2026 (MT Newswires) -- Consumer stocks were lower late Monday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) dropping 1.8%.

In corporate news, the United Auto Workers has called a strike at a Michigan factory owned by Dauch ( DCH ) , a supplier of axles and driveline components for General Motors ( GM ) pickup trucks. GM shares were down 0.2%, and Dauch ( DCH ) fell 5%.