01:01 PM EDT, 03/19/2026 (MT Newswires) -- Consumer stocks were lower Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.3%.
In corporate news, Uber ( UBER ) will invest up to $1.25 billion in Rivian Automotive ( RIVN ) through 2031 to support the development of a fleet of Rivian R2 robotaxis that will be exclusive to Uber's ( UBER ) platform, the companies said. Uber ( UBER ) shares were down 1.3%, and Rivian gained 2.7%.