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Sector Update: Consumer Stocks Advance Premarket Tuesday

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Consumer stocks were advancing premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 1.8% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.4%.

Coca-Cola (KO) shares were up nearly 5% after the company reported higher fiscal Q2 comparable earnings and net operating revenue, and raised its 2026 outlook.

Unilever (UL) stock was up 8% after the company posted a higher Q2 turnover, along with a 5.8% growth in underlying sales.

Hilton Worldwide (HLT) shares were down more than 2% after the company issued Q3 adjusted EPS outlook below analysts' expectations.

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