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Sector Update: Consumer Stocks Mixed Premarket Tuesday

Sector Update: Consumer Stocks Mixed Premarket Tuesday

MT newswireMT newswire2026/11/03 13:10
09:10 AM EST, 11/03/2026 (MT Newswires) -- Consumer stocks were mixed premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 1.1% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%. Shopify (SHOP) stock was down almost 16% after the company reported Q3 revenue that missed analysts' estimates. Keurig Dr Pepper (KDP) shares were down more than 4% even after the company posted higher Q3 adjusted earnings and revenue. Yum! Brands (YUM) stock was up 1.6% after the company reported higher Q3 revenue, while earnings per share excluding special items beat analysts' expectations.
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