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Sector Update: Consumer
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Sector Update: Consumer
May 26, 2025 11:10 AM

03:32 PM EDT, 05/20/2025 (MT Newswires) -- Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 0.6%.

Redbook US same-store sales rose by 5.4% from a year earlier in the week ended May 17 after a 5.8% year-over-year increase in the previous week.

In corporate news, Tesla (TSLA) Chief Executive Elon Musk said the company will have robotaxis on the roads in Austin, Texas, by the end of June, CNBC reported Tuesday, citing an interview. Tesla shares were rising 0.9%.

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