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Sector Update: Consumer Stocks Rise Premarket Tuesday
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Sector Update: Consumer Stocks Rise Premarket Tuesday
Apr 21, 2026 6:49 AM

09:13 AM EDT, 04/21/2026 (MT Newswires) -- Consumer stocks were rising premarket Tuesday, with the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.9% higher and the State Street Consumer Staples Select Sector SPDR ETF (XLP) slightly advancing.

D.R. Horton ( DHI ) stock was up more than 6% after the company reported fiscal Q2 net income and revenue that exceeded analysts' expectations.

Amazon.com ( AMZN ) founder and Executive Chairman Jeff Bezos is nearing a $10 billion fundraising agreement from investors at a $38 billion valuation for his Project Prometheus, the Financial Times reported, citing unnamed people familiar with the matter. Amazon.com ( AMZN ) shares were up more than 2% pre-bell.

Simply Good Foods ( SMPL ) said it plans to reduce staff by around 15% as part of a cost-cutting initiative. Shares of Simply Good Foods ( SMPL ) were 0.3% higher premarket.

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