09:08 AM EDT, 09/27/2024 (MT Newswires) -- Consumer stocks were mostly higher pre-bell Friday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) recently up 0.5%.

Real Good Food ( RGF ) shares rose past 29% after the company said it entered into an agreement with Emblem Investments Fund I for a new term loan of $60 million and amended its financing with PMC Financial Services Group.

JD.com ( JD ) and Alibaba ( BABA ) shares advanced after China's central bank announced measures to stimulate the domestic economy this week. JD.com ( JD ) shares were up over 3% and Alibaba ( BABA ) shares were over 1% higher premarket.

US Foods Holding ( USFD ) shares were down 0.7% after the company said its US Foods Inc. unit intends to offer $500 million of senior unsecured notes due 2033.