01:30 PM EDT, 10/29/2024 (MT Newswires) -- Consumer stocks were lower Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.5%.

Redbook US same-store sales rose by 5.6% from a year earlier in the week ended Oct. 26, faster than a 4.6% year-over-year increase in the previous week.

In corporate news, Ford Motor ( F ) shares tumbled 8.6% after the carmaker lowered its 2024 adjusted EBIT outlook.