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Sector Update: Consumer Stocks Lean Lower Premarket Tuesday

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Consumer stocks were leaning lower premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining by 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.7%.

Amer Sports (AS) shares were up more than 4% after the company posted higher Q1 adjusted earnings and revenue, and raised its 2026 outlook.

MakeMyTrip (MMYT) stock was down more than 4% after the company reported a decline in fiscal Q4 adjusted earnings.

Home Depot (HD) shares were down more than 1% after the company reported lower fiscal Q1 adjusted earnings.

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