03:26 PM EDT, 07/16/2024 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1.7%.

Redbook US same-store sales last week climbed 4.8% from a year earlier after a 6.3% increase in the previous week.

In corporate news, Scotts Miracle-Gro ( SMG ) shares popped 7% after the company said it's on course to meet its revised fiscal year 2024 guidance issued last month.