01:07 PM EDT, 07/08/2025 (MT Newswires) -- Consumer stocks were lower Tuesday 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%.

Redbook US same-store sales last week rose 5.9% from a year earlier, following after a 4.9% increase in the prior week.

In corporate news, Amazon's ( AMZN ) four-day Prime Day event kicked off Tuesday, and sales fell almost 14% in the first four hours, compared with the start of last year's event, Bloomberg reported, citing Momentum Commerce data. Amazon ( AMZN ) shares were down 1.3%.