Consumer stocks were lower late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) dropping 1.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 1%.

In economic news, the University of Michigan's preliminary consumer sentiment index rose to 60.5 in June from 52.2 in May, compared with expectations for a smaller increase to 53.6 in a survey compiled by Bloomberg.

In sector news, airlines around the globe have diverted flights from much of the Middle East and canceled flights to and from Israel following the escalating military conflict between Israel and Iran, multiple news outlets reported Friday. Ryanair (RYAAY) cancelled flights to and from Tel Aviv through Sept. 30, and Delta Air Lines (DAL) paused its flights to Tel Aviv until Aug. 31. United Airlines (UAL) paused flights to Tel Aviv through at least May 14, CNBC reported. United shares fell 4.9%, Delta dropped 3.9%, and Ryanair declined 2.1%.

Ford Motor (F) temporarily closed a production facility in Chicago during May due to the shortage of rare earth magnet supplies that are used in vehicle production, Bloomberg reported Friday, citing Chief Executive Jim Farley. Ford shares were down 1.2%.

RH (RH) shares rose past 6% after the home furnishing retailer unexpectedly swung to fiscal Q1 earnings and reiterated its full-year revenue growth outlook despite macroeconomic and tariff-related uncertainties.