09:10 AM EDT, 07/03/2024 (MT Newswires) -- Consumer stocks were advancing premarket Wednesday, with the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 0.3% higher and the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.1%.

D-MARKET Electronic Services & Trading (HEPS) shares were up over 5% after the company launched a cargo distribution service in certain regions of Turkey with 21 electric vans.

Constellation Brands ( STZ ) stock was over 3% higher after the company posted higher fiscal Q1 non-GAAP earnings and net sales.

National Amusements reached a preliminary deal to sell its controlling interest in Paramount Global ( PARAA ) to Skydance Media, media outlets reported, citing unnamed sources familiar with the matter. Paramount Global ( PARAA ) shares were up more than 15% pre-bell.