03:28 PM EDT, 07/08/2025 (MT Newswires) -- Consumer stocks were lower late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) easing 0.2%.

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, Ford (F) said its planned electric vehicle battery plant in Marshall, Michigan, is expected to meet the requirements for a US federal production tax credit, Reuters reported Tuesday. Ford shares were rising 1%.