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Sector Update: Consumer
Feb 11, 2025 12:41 PM

03:27 PM EST, 02/11/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 1.3%.

Redbook US same-store sales last week rose 5.3% from a year earlier, slower than the 5.7% increase in the previous week.

In corporate news, General Motors ( GM ) expects to mitigate up to 50% of potential tariffs that President Donald Trump is threatening to levy on imports from Mexico and Canada, Chief Executive Mary Barra said Tuesday during a Wolfe Research investment conference, according to media reports. GM shares rose 0.3%.

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