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Sector Update: Consumer
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Sector Update: Consumer
Feb 25, 2025 12:53 PM

03:24 PM EST, 02/25/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) rising 1.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.5%.

Redbook US same-store sales last week rose by 6.2% from a year earlier, slower than the 6.3% increase in the previous week.

In sector news, Tesla (TSLA) shares fell 8.5% after data showed European new car registrations for the electric vehicle maker in January tumbled 45% from a year earlier.

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