03:26 PM EDT, 03/20/2026 (MT Newswires) -- Consumer stocks were lower late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 2%.

In corporate news, Target ( TGT ) is planning to change its dress code for store employees, requiring them to wear plain red shirts with blue jeans or khakis, Bloomberg reported. Target ( TGT ) shares were down 1.2%.