09:13 AM EDT, 06/04/2026 (MT Newswires) -- Consumer stocks were advancing premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 1.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1% higher.

Amazon.com ( AMZN ) shares were up more than 1% after the company said it will invest over 10 billion euros ($11.63 billion) to upgrade European fulfillment centers with new robotics while adding 25,000 regional positions.

Global-e (GLBE) stock was up more than 2% after the company said its board has approved a new share repurchase program to buy back up to $500 million of its ordinary stock.

Somnigroup International ( SGI ) shares were up more than 1% after the company said the mandatory 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its planned merger with Leggett & Platt ( LEG ) has expired.