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Sector Update: Consumer Stocks Mixed Premarket Wednesday

Sector Update: Consumer Stocks Mixed Premarket Wednesday

MT newswireMT newswire2026/10/28 13:08
09:08 AM EDT, 10/28/2026 (MT Newswires) -- Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) retreating 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.1%. New Oriental Education & Technology Group (EDU) fell 11% even after the company reported higher fiscal Q1 non-GAAP earnings and net revenue. Stellantis (STLA) stock was up 8% after the company reported a narrower-than-expected Q3 adjusted loss and higher revenue. Unilever (UL) shares were down more than 3% pre-bell, even after the company reported higher Q3 turnover and underlying sales.
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