01:44 PM EDT, 08/19/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% lower.
Redbook US same-store sales rose by 5.9% from a year earlier in the week ended Aug. 16 after a 5.7% year-over-year increase in the previous week.
In corporate news, Home Depot ( HD ) shares rose 3.3% after the company reported higher fiscal Q2 adjusted earnings and net sales on Tuesday.
Nexstar Media ( NXST ) will buy rival Tegna ( TGNA ) in a $6.2-billion all-cash deal as the diversified media company seeks to expand its reach to better compete with bigger names in the industry. Nexstar shares were down 0.2%, and Tegna ( TGNA ) climbed past 4%.
Ford Motor ( F ) and SK On of South Korea are looking for buyers for surplus batteries from their joint-venture factory in Glendale, Kentucky, Bloomberg reported. Ford shares were rising 1%.