01:38 PM EDT, 07/02/2024 (MT Newswires) -- Consumer stocks were higher Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.4%.

Redbook US same-store sales rose by 5.8% from a year earlier in the week ended June 29 after a 5.3% year-over-year increase in the previous week.

In corporate news, the US Federal Trade Commission has voted to block Tempur Sealy International's ( TPX ) $4 billion acquisition of Mattress Firm, the regulator said Tuesday. Tempur shares were rising about 2%.