08:54 AM EDT, 10/08/2025 (MT Newswires) -- Consumer stocks were edging higher pre-bell Wednesday, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advancing by 0.4%.

Toyota Motor ( TM ) said it signed a joint development deal with Sumitomo Metal Mining for mass production of cathode materials for all-solid-state batteries for electric vehicles. Shares of Toyota Motor ( TM ) were down more than 1% premarket.