08:48 AM EDT, 03/26/2025 (MT Newswires) -- Consumer stocks edged higher premarket Wednesday with the Consumer Staples Select Sector SPDR Fund (XLP) advancing by 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) recently up 0.1%.

GameStop ( GME ) shares rose nearly 12% after the company reported higher fiscal Q4 adjusted earnings. The company also said its board unanimously approved an update to its investment policy, allowing bitcoin to be added as a treasury reserve asset.