08:56 AM EDT, 09/11/2025 (MT Newswires) -- Consumer stocks were steady premarket Thursday, with The Consumer Discretionary Select Sector SPDR Fund (XLY) inactive and The Consumer Staples Select Sector SPDR Fund (XLP) 0.1% higher.

Alibaba Group Holding ( BABA ) shares were up 3% after the company said it plans a $3.2 billion offering of zero-coupon convertible senior notes due 2032 to some non-US persons in offshore transactions.