01:52 PM EDT, 06/13/2025 (MT Newswires) -- Consumer stocks were lower Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.1%.

In economic news, the University of Michigan's preliminary consumer sentiment index rose to 60.5 in June from 52.2 in May, compared with expectations for a smaller increase to 53.6 in a survey compiled by Bloomberg.

In corporate news, airline and cruise operator stocks were under pressure after Israel's military strikes on Iran's nuclear and military sites. American Airlines ( AAL ) was down 3.4%, Delta Air Lines ( DAL ) dropped 2.2% and United Airlines (UAL) fell 3.2%. Among cruise operators, Carnival (CCL) was off 4%, Norwegian Cruise Line ( NCLH ) 3.7% down and Royal Caribbean (RCL) 2.5% lower.

Ford Motor ( F ) temporarily closed a production facility in Chicago during May due to the shortage of rare earth magnet supplies that are used in vehicle production, Bloomberg reported Friday, citing Chief Executive Jim Farley. Ford shares were down 0.5%.

RH (RH) shares rose past 9% after the home furnishing retailer unexpectedly swung to fiscal Q1 earnings and reiterated its full-year revenue growth outlook despite macroeconomic and tariff-related uncertainties.