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Sector Update: Consumer Stocks Edge Higher Pre-Bell Tuesday
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Sector Update: Consumer Stocks Edge Higher Pre-Bell Tuesday
May 27, 2025 6:42 AM

09:17 AM EDT, 05/27/2025 (MT Newswires) -- Consumer stocks were edging higher pre-bell Tuesday, with The Consumer Discretionary Select Sector SPDR Fund ( XLY ) up 1.5% and The Consumer Staples Select Sector SPDR Fund ( XLP ) 0.3% higher.

PDD Holdings ( PDD ) shares were down more than 17% after the company reported Q1 non-GAAP earnings and revenue that missed analysts' expectations.

Century Casinos ( CNTY ) said its Century Casino & Hotel Cape Girardeau unit has signed a long-term agreement with BetMGM to bring online and mobile sports betting to Missouri. Century Casinos ( CNTY ) shares were up more than 3% premarket.

Walt Disney ( DIS ) has secured exclusive streaming rights to the globally popular children's show CoComelon, starting in 2027, Bloomberg News reported, citing sources familiar with the matter. Disney ( DIS ) shares were up more than 1% pre-bell.

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