08:54 AM EDT, 08/29/2025 (MT Newswires) -- Consumer stocks were mixed premarket Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) 0.3% higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) declining 0.01%.

Alibaba Group Holding ( BABA ) shares were up nearly 7% after the company reported fiscal Q1 non-GAAP earnings that topped analysts' expectations and higher revenue during the period.