01:34 PM EDT, 06/18/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.4%.
In economic news, Redbook US same-store sales rose 5.9% from a year earlier in the week ended June 15 after a 5.5% year-over-year increase in the previous week.
In corporate news, Ford (F) is planning to make further job cuts in Germany, Spain and the UK, Reuters reported, citing Benjamin Gruschka, the head of the works council at Ford's Cologne plant. Ford shares were shedding 0.3%.