Consumer stocks were edging higher premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.7%.
Walt Disney (DIS) stock was up more than 3% after the company reported higher fiscal Q3 adjusted earnings and revenue.
Shopify (SHOP) shares were up over 22% after the company posted higher Q2 earnings and revenue.
Booking (BKNG) stock was up more than 6% after the company reported higher Q2 adjusted net income and revenue.