Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.8%.
Redbook US same-store sales rose by 4.5% from a year earlier in the week ended June 21, slower than a 5.2% year-over-year increase in the previous week.
In corporate news, Uber (UBER) shares jumped past 7% after it said Tuesday it's launching autonomous ride-hailing services in Atlanta in partnership with Alphabet's (GOOG) Waymo.
Carnival (CCL) reported fiscal Q2 adjusted earnings of $0.35 per share, up from $0.11 a year earlier, and above the FactSet consensus analyst expectation of $0.25. Its shares popped 7%.
McDonald's (MCD) and Krispy Kreme (DNUT) said they will end their collaboration as the doughnut maker struggled with turning a profit on the venture. McDonald's shares were rising 0.5%, and Krispy Kreme was shedding 0.6%.
Tesla (TSLA) is facing a wrongful death lawsuit over a 2024 crash of a Model S vehicle that killed three people in New Jersey, Reuters reported late Monday. Tesla shares were down 1.6%.
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