03:10 PM EST, 11/26/2024 (MT Newswires) -- Consumer stocks rose late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.3%.

Redbook US same-store sales last week rose 4.9% from a year earlier, below the 5.1% increase in the previous week.

In corporate news, shares of General Motors ( GM ) , Ford (F) and Stellantis (STLA) fell in recent trading after President-elect Donald Trump stated his intention to levy additional tariffs on Mexico, Canada and China, Bloomberg reported. GM, Ford and Stellantis dropped 8.5%, 2.5% and 5.7% respectively.