03:31 PM EST, 02/14/2025 (MT Newswires) -- Consumer stocks were lower late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.1%.

In corporate news, Uber ( UBER ) launched a "seven-figure" advertising campaign to generate support for the efforts to convince state regulators to lower mandated insurance thresholds for rideshare drivers, contending those costs are increasing prices paid by its customers, Bloomberg reported. Uber ( UBER ) shares fell 0.9%.