01:52 PM EDT, 04/02/2026 (MT Newswires) -- Consumer stocks were mixed Thursday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) falling 1.7%.
In corporate news, Tesla's (TSLA) Q1 deliveries missed Wall Street's estimates as Wedbush Securities flagged a challenging demand environment for the electric vehicle maker. Tesla shares fell 5.4%.
Ford Motor ( F ) said Thursday its Q1 total sales fell 8.8% from the year-ago period due to a strategic shift to high-margin SUVs and a notably strong performance in the same quarter last year. Ford shares were down 1%.
Bed Bath & Beyond ( BBBY ) has signed definitive agreements to acquire The Container Store, Elfa and Closet Works, CEO Marcus Lemonis said Thursday in a letter to shareholders. Bed Bath & Beyond ( BBBY ) shares shed 1.3%.