08:44 AM EDT, 07/05/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday with the Consumer Staples Select Sector SPDR Fund (XLP) slightly declining and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.4% recently.

Macy's (M) is the target of a $6.9 billion buyout attempt by investors who have previously failed to acquire the retailer, The Wall Street Journal reported Wednesday, citing unnamed people familiar with the matter. Macy's rose past 7% premarket.