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Sector Update: Consumer Stocks Decline Premarket Tuesday

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Consumer stocks were declining premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.7% lower.

United Natural Foods (UNFI) shares were up more than 2% after the company reported that it swung to fiscal Q4 adjusted earnings from a loss a year earlier.

Philip Morris International (PM) raised its 2026 adjusted diluted earnings guidance to $8.35 to $8.50 per share, up from $8.26 to $8.41. Philip Morris stock was 0.4% lower pre-bell.

General Mills (GIS) shares were up 1.1% after the company reaffirmed its fiscal 2027 adjusted earnings guidance of $3.00 to $3.20 per diluted share.

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Ferrexpo Resumes Pellet Line Operations in Ukraine

Ferrexpo (FXPO.L) said Monday it resumed production operations in Ukraine by restarting one pellet line.The restoration of Ukrainian operations follows the iron ore pellets producer's $100 million fundraiser on Sept. 4.The company added that it will focus on its exports to European clients amid the conflict in the Black Sea.

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Sector Update: Energy Stocks Softer Late Afternoon

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Sectors

Sector Update: Financial Stocks Retreat Late Afternoon

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