-- Consumer stocks were rising late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) rising 1.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.7%.
In corporate news, Honda Motor (HMC) is pausing its plans to build an electric vehicle manufacturing facility in Canada amid weak US demand, Nikkei Asia reported. The automaker, which initially intended to invest 15 billion Canadian dollars ($11 billion) in the site and a battery factory, has suspended the project indefinitely and initiated discussions with the Canadian government, the report said. Honda shares were up 1.5%.