08:53 AM EDT, 08/25/2025 (MT Newswires) -- Consumer stocks were declining pre-bell Monday, with The Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 0.4% lower.
Keurig Dr Pepper ( KDP ) has agreed to acquire coffee company JDE Peet's for 15.70 billion euros ($18.37 billion) in cash, the companies said. Keurig Dr Pepper ( KDP ) shares were down more than 9% premarket.