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Sector Update: Consumer Stocks Mixed Pre-Bell Thursday

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Consumer stocks were mixed pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.1% lower.

Dollar Tree (DLTR) shares were up more than 18% after the company posted higher fiscal Q1 adjusted earnings and revenue, and raised its fiscal 2026 adjusted EPS guidance.

Best Buy (BBY) stock was up more than 9% after the company reported higher fiscal Q1 adjusted earnings and revenue.

JD.com (JD) is under an in-depth investigation by the European Commission over its proposed acquisition of Ceconomy due to concerns that foreign subsidies may have distorted the deal process, the agency said. JD.com shares were down more than 2% premarket.

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