08:50 AM EDT, 06/04/2025 (MT Newswires) -- Consumer stocks were edging higher pre-bell Wednesday, with The Consumer Staples Select Sector SPDR Fund (XLP) marginally advancing and The Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.1%.

Miniso ( MNSO ) has selected JPMorgan Chase (JPM) and UBS (UBS) to lead the planned Hong Kong initial public offering of its toy unit, Top Toy, Bloomberg reported, citing unnamed sources familiar with the matter. The company's shares were up more than 3% premarket.