03:29 PM EDT, 03/11/2025 (MT Newswires) -- Consumer stocks declined late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%.

Redbook US same-store sales rose by 5.7% from a year earlier in the week ended March 8, slower than a 6.6% year-over-year increase in the previous week.

In corporate news, Southwest Airlines ( LUV ) shares jumped past 8%. The company lowered its Q1 outlook for a key revenue metric and announced a policy change to begin charging some customers for checked bags.