09:12 AM EDT, 03/31/2025 (MT Newswires) -- Consumer stocks were flat to higher pre-bell Monday as the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was inactive and the Consumer Staples Select Sector SPDR Fund ( XLP ) was recently up 0.4%.

Alibaba Group ( BABA ) said it recorded a 27% year-on-year increase in US small and medium enterprises orders during this year's March Expo. Shares of Alibaba Group Holding ( BABA ) fell 2% premarket.

Nokia ( NOK ) said that it reached a patent agreement with Amazon ( AMZN ) , covering the use of its video technologies in Amazon's ( AMZN ) streaming services and devices. Amazon ( AMZN ) shares were 0.3% lower pre-bell.

Yum! Brands ( YUM ) said its chief executive, David Gibbs, plans to retire in Q1 of 2026. Yum! Brands ( YUM ) shares were down 0.5% premarket.