08:48 AM EDT, 07/10/2024 (MT Newswires) -- Consumer stocks were edging higher pre-bell Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently advancing by 0.2%.

Yatsen Holding ( YSG ) fell past 7% after saying it is lowering its Q2 revenue outlook to reflect current and preliminary views on the market and operational conditions.