08:57 AM EST, 01/27/2025 (MT Newswires) -- Consumer stocks were mixed pre-bell Monday as the Consumer Staples Select Sector SPDR Fund (XLP) was 0.7% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently declined by 1.3%.

Dada Nexus ( DADA ) shares rose past 29% after the company said its board has received a preliminary, non-binding proposal from JD.com ( JD ) to purchase all of its outstanding ordinary shares, including ADSs, for $2.0 per ADS in cash.