01:45 PM EDT, 07/22/2025 (MT Newswires) -- Consumer stocks were rising Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.7% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%.
Redbook US same-store sales climbed 5.1% from a year earlier in the week ended July 19 after a 5.2% increase in the previous week.
In corporate news, D.R. Horton's ( DHI ) fiscal Q3 results surpassed market estimates despite a softening housing market. Its shares rose over 14%.
General Motors ( GM ) reported a roughly $1.1 billion hit from tariffs in Q2 as adjusted earnings and sales fell year over year, undermining the carmaker's affirmation of its full-year earnings outlook. Its shares dropped past 6%.
Coca-Cola (KO) on Tuesday reported fiscal Q2 earnings above market estimates amid pricing gains, while the beverage giant said full-year earnings growth is expected to reach the top end of its prior range. Its shares were still down 0.7%.