08:56 AM EDT, 10/08/2024 (MT Newswires) -- Consumer stocks were higher premarket Tuesday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.4%.

Boston Beer ( SAM ) shares were up more than 1% after the company said in a regulatory filing that its board increased the expenditure limit for the company's stock repurchase program to $1.6 billion from $1.2 billion.