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Sectors

Sector Update: Consumer Stocks Rise Late Afternoon

Consumer stocks were higher late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.8%.In corporate news, Roku (ROKU) and Florida Attorney General James Uthmeier said Friday the company agreed to enhance its safety controls by offering parents greater oversight over what their children can stream, resolving a state enforcement action under the Florida Digital Bill of Rights. Roku shares rose 1.3%.DraftKings (DKNG) shares jumped past 8% after the company said Friday it launched its prediction markets exchange DKeX.Lukas Walton, an heir to the Walmart (WMT) fortune, and his wife, Samantha, are buying a minority stake in the National Basketball Association's Chicago Bulls, Bloomberg reported. Walmart shares were up 0.6%.Unilever (UL) is considering a bid for Thorne, a South Carolina-based company that sells dietary supplement pills, valued at up to $4 billion, the Financial Times reported. Unilever shares increased 0.2%.

$DKNG$ROKU$UL$WMT
Wire

McCormick Faces Consumer Strain, Unilever Deal Questions, UBS Says

McCormick (MKC) continues to face uncertainty around consumer demand and its pending acquisition of Unilever's (UL) foods business, keeping investor sentiment cautious heading into H2, UBS Securities said Thursday in a report.Packaged-food companies broadly are navigating a difficult consumer backdrop, with many at risk of downward earnings revisions as shoppers remain price-sensitive and trade-offs persist, the report said. McCormick's demand trends remain hard to predict, and while the company expects sales to improve later in the year, "many are likely to take a wait-and-see approach," UBS said.Investors are also looking for more clarity on McCormick's planned merger with Unilever's Foods business, with an update expected in September, UBS said. It's uncertain whether that update will be enough to ease concerns about the deal's strategic fit and financial implications, the report said.McCormick's fiscal Q2 results on Thursday came in ahead of expectations, helped by stronger margins, though the beat did little to change the broader concerns weighing on the stock, UBS said.UBS raised its price target on McCormick stock to $52 from $51 and maintained its neutral rating.Price: $50.53, Change: $+2.18, Percent Change: +4.50%

$MKC$UL
Sectors

Sector Update: Consumer Stocks Rise in Afternoon Trading

Consumer stocks were higher Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.4%.In corporate news, Unilever (UL) is considering a bid for Thorne, a South Carolina-based company that sells dietary supplement pills, valued at up to $4 billion, the Financial Times reported. Unilever shares were up 0.3%.Honda Motor's (HMC) American Honda unit said Friday it restructured its Power Sports and Products group by moving its marine, powersports, and power equipment divisions under one framework. Separately, Honda Motor reappointed Chief Executive Toshihiro Mibe to its board Friday after he apologized to shareholders for the company's financial performance, news outlets reported. Honda Motor shares rose 2.7%.DraftKings (DKNG) shares jumped 6% after the company said Friday it launched its prediction markets exchange DKeX.

$DKNG$HMC$UL
Sectors

Sector Update: Consumer

Consumer stocks were higher Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 1.5%.In corporate news, Unilever (UL) is considering a bid for Thorne, a South Carolina-based company that sells dietary supplement pills, valued at up to $4 billion, the Financial Times reported. Unilever shares were up 0.3%.

$UL
Wire

Update: Market Chatter: Unilever Weighs Offer for Supplements Maker Thorne Valued at Up to $4 Billion

(Updates with Unilever's response in the last paragraph.)Unilever (UL) is considering a bid for Thorne, a South Carolina-based company that sells dietary supplement pills, valued at up to $4 billion, the Financial Times reported Friday, citing people familiar with the matter.Several other companies are exploring a potential deal for Thorne, which has been put up for sale by its private equity owner, L Catterton, the report said.Unilever declined to comment, while Thorne did not immediately respond to.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $60.97, Change: $+0.43, Percent Change: +0.71%

$UL
Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Friday

Consumer stocks were mixed pre-bell Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.9% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.1%.DraftKings (DKNG) shares were up more than 2% after the company launched its proprietary prediction markets exchange, DKeX, integrated into its DraftKings: Sports & Casino app, expanding its prediction markets platform and strengthening its sportsbook offering.Unilever (UL) is considering a bid for Thorne, a South Carolina-based company that sells dietary supplement pills, valued at up to $4 billion, the Financial Times reported, citing people familiar with the matter. Unilever stock was 0.6% higher premarket.Coca-Cola (KO) said Jennifer Mann will step down from her role as EVP and president of its North America Operating Unit, effective Aug. 1. Shares of Coca-Cola were up 0.7% pre-bell.

$DKNG$KO$UL$XLP$XLY
Asia Markets

European Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading

European equities traded in the US as American depositary receipts were lower late Wednesday morning, falling 0.83% to 1,868.68 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by 3D printer company Materialise (MTLS) and medical device maker EDAP TMS (FOCL), which rose 5.5% and 4.8% respectively. They were followed by semiconductor company Sequans Communications (SQNS) and consumer goods company Unilever (UL), which were up 1.7% and 1.3% respectively.The decliners from continental Europe were led by biopharmaceutical firm Cellectis (CLLS) and petroleum refiner Equinor (EQNR), which dropped 5.4% and 3.5% respectively. They were followed by oil and gas company Eni (E) and telecommunications company Ericsson (ERIC), which were down 3.1% and 1.8% respectively.The gainers from the UK were led by Silence Therapeutics (SLN) and Trinity Biotech (TRIB), which surged 15% and 9.3% respectively. They were followed by Biodexa Pharmaceuticals (BDRX) and medical device maker Smith & Nephew (SNN), which advanced 4.1% and 2.4% respectively.The decliners from the UK and Ireland were led by Akari Therapeutics (AKTX) and Autolus Therapeutics (AUTL), which fell 8.7% and 3.5% respectively. They were followed by oil and gas company BP (BP) and Mereo BioPharma Group (MREO), which lost 3.1% and 2.9% respectively.

$AKTX$AUTL$BDRX$BP$CLLS$E$EQNR$ERIC$FOCL$MREO$MTLS$SLN$SNN$SQNS$TRIB$UL
Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Tuesday

Consumer stocks were mixed pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.1%.Marriott International (MAR) is facing growing pressure from hotel owners over how it shares revenue from its Bonvoy loyalty program, as franchisees demand a larger slice of profits generated through co-branded credit card deals, The Wall Street Journal reported. Shares of Marriott International were down more than 2% premarket.Yum! Brands (YUM) stock was up more than 1% after the company said it has signed agreements to sell Pizza Hut for a combined $2.7 billion through two separate transactions.Unilever (UL) is partnering with Accenture (ACN) to increase the use of AI digital twins in its manufacturing network, the company said. Unilever shares were 0.2% higher premarket.

$ACN$MAR$UL$XLP$XLY$YUM
Asia Markets

European Equities Traded in US as ADRs Rise in Thursday Trading

European equities traded in the US as American depositary receipts rose late Thursday morning with the S&P Europe Select ADR Index climbing 1.7% to 1,874.97.From continental Europe, the gainers were led by biopharmaceutical company argenx (ARGX) and semiconductor company Sequans Communications (SQNS), which rose 2.7% and 2.6%, respectively. They were followed by biotech firm BioNTech (BNTX) and telecommunications company Nokia (NOK), which were up 2.5% and 1.6%, respectively.The decliners from continental Europe were led by software firm SAP (SAP) and internet ad firm Criteo (CRTO), which dropped 4.1% and 0.9%, respectively. They were followed by biotech firm Evaxion (EVAX) and consumer goods company Unilever (UL), which were off 0.4% and 0.1%, respectively.The gainers from the UK were led by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which climbed 8.8% and 4%, respectively. They were followed by lender HSBC (HSBC) and biotech firm Autolus Therapeutics (AUTL), which advanced 2.8% and 2.7%, respectively.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and software company Endava (DAVA), which fell 4.6% and 1.1%, respectively. They were followed by biopharmaceutical companies Mereo BioPharma Group (MREO) and NuCana (NCNA), which lost 0.9% and 0.8%, respectively.

$ARGX$AUTL$BDRX$BNTX$CRTO$DAVA$EVAX$HSBC$MREO$NCNA$NOK$SAP$SLN$SQNS$TRIB$UL
Asia Markets

European Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Rise for Week

European equities traded in the US as American depositary receipts were tracking lower late Friday morning, falling 0.85% to 1,882.19 on the S&P Europe Select ADR Index, which is up 0.9% for the week so far.From continental Europe, the gainers were led by internet ad firm Criteo (CRTO) and consumer goods company Unilever (UL), which rose 2.1% and 2% respectively. They were followed by biopharmaceutical companies argenx (ARGX) and Cellectis (CLLS), which were up 1.8% and 0.7% respectively.The decliners from continental Europe were led by telecommunications company Nokia (NOK) and semiconductor company Sequans Communications (SQNS), which dropped 8.3% and 7.2% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and telecommunications company Ericsson (ERIC), which lost 5.4% and 2.9% respectively.The gainers from the UK were led by biotech firm Trinity Biotech (TRIB) and alcoholic beverage company Diageo (DEO), which advanced 4.5% and 2.4% respectively. They were followed by tobacco company British American Tobacco (BTI) and educational publisher Pearson (PSO), which increased 2.1% and 1.9% respectively.The decliners from the UK and Ireland were led by biotech firm Autolus Therapeutics (AUTL) and mining company BHP Group (BHP), which lost 6.3% and 5.3% respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and biopharmaceutical company Akari Therapeutics (AKTX), which dropped 3% and 2.2% respectively.

$AKTX$ARGX$AUTL$BHP$BTI$CLLS$CRTO$DBVT$DEO$ERIC$NOK$PSO$SLN$SQNS$TRIB$UL
Wire

Top Midday Stories: Dell Q1 Earnings Results, Guidance Top Estimates; Autodesk to Acquire MaintainX in $3.6 Billion All-Cash Deal

All three major US stock indexes were up in late-morning trading Friday, as President Donald Trump said on Truth Social that he will soon make a final determination regarding the proposed memorandum of understanding between the US and Iran.In company news, Dell Technologies (DELL) reported fiscal Q1 non-GAAP net income late Thursday of $4.86 per diluted share, up from $1.55 a year earlier and above the FactSet consensus analyst estimate of $2.96. Fiscal Q1 revenue was $43.84 billion, up from $23.38 billion a year ago and above the FactSet consensus of $35.74 billion. For fiscal Q2, the company said it expects non-GAAP EPS of $4.80 at the midpoint and revenue of $44 billion to $45 billion. Analysts polled by FactSet expect $2.99 and $35.10 billion, respectively. For fiscal 2027, Dell said it expects non-GAAP EPS of $17.90 at the midpoint on revenue of $165 billion to $169 billion. Analysts polled by FactSet expect $13.12 and $143.19 billion, respectively. Dell shares were up 29.4% around midday.Autodesk (ADSK) reported fiscal Q1 adjusted earnings late Thursday of $2.99 per diluted share, up from $2.29 a year earlier and above the FactSet consensus of $2.84. Fiscal Q1 revenue was $1.93 billion, up from $1.63 billion a year ago and above the FactSet consensus of $1.89 billion. For fiscal Q2, the company said it expects adjusted EPS of $3.10 to $3.14 on revenue of $2.00 billion to $2.02 billion. Analysts polled by FactSet expect $3.04 and $1.99 billion, respectively. For fiscal 2027, Autodesk said it expects adjusted EPS of $12.40 to $12.65 on revenue of $8.16 billion to $8.22 billion. Analysts expect $12.42 and $815 billion, respectively. Additionally, the company said late Thursday it has agreed to acquire MaintainX, a modern maintenance and operations business, in an all-cash deal valued at about $3.6 billion. Autodesk shares were down 4%.Amazon (AMZN) founder Jeff Bezos said Thursday on X that all personnel are safe and accounted for after his Blue Origin company's New Glenn rocket exploded Thursday night during a hot-fire test at a Space Force facility in Cape Canaveral, Florida. Amazon shares were down 0.5%.MongoDB (MDB) reported fiscal Q1 adjusted earnings late Thursday of $1.32 per diluted share, up from $1.00 a year earlier and above the FactSet consensus of $1.19. Fiscal Q1 revenue was $687.6 million, up from $549.0 million a year ago and above the FactSet consensus of $664.5 million. For fiscal Q2, the company said it expects adjusted EPS of $1.58 to $1.61 on revenue of $729 million to $734 million. Analysts polled by FactSet expect $1.29 and $700.5 million, respectively. For fiscal 2027, the company said it expects adjusted EPS of $5.95 to $6.14, up from its previous guidance of $5.75 to $5.93 and above the FactSet consensus of $5.92. Fiscal 2027 revenue is expected to be between $2.92 billion and $2.96 billion, above its previous guidance and the FactSet consensus of $2.90 billion. MongoDB shares were down 5.8%.Activist hedge fund Toms Capital Investment Management has built a significant stake in McCormick (MKC) as the US food company works on its planned acquisition of Unilever's (UL) food business, Reuters reported Friday, citing sources familiar with the matter. The size of the stake, which Toms acquired in Q2, and what Toms intends to do with it, could not be determined, Reuters reported. McCormick shares were up 1.2%, while Unilever shares were down 0.4%.Price: $411.54, Change: $+94.49, Percent Change: +29.80%

$ADSK$AMZN$DELL$MDB$MKC$UL
Wire

Market Chatter: Activist Toms Capital Takes Major Stake in McCormick

Activist hedge fund Toms Capital Investment Management has built a sizable stake in McCormick (MKC) as the US food company works on its planned acquisition of Unilever's (UL) food business, Reuters reported Friday, citing sources familiar with the matter.The size of the stake, which Toms acquired in Q2, and what Toms intends to do with it, could not be determined, Reuters said.Toms and McCormick didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $47.64, Change: $+0.81, Percent Change: +1.73%

$MKC$UL
Wire

Unilever to Invest $270 Million in New Haven Innovation Center

Unilever (UL) said Thursday it plans to invest $270 million to develop a new Global Innovation Center in New Haven, Connecticut.The company said the artificial intelligence-powered research and development center is expected to open by spring 2029. About 300 employees are expected to work at the center, which will succeed Unilever's existing R&D facility in Trumbull, Connecticut, according to a statement.Unilever said the facility will house capabilities including skincare and cleansing research, fragrance development, packaging innovation and a human performance lab.Price: $57.40, Change: $-0.60, Percent Change: -1.04%

$UL
Wire

Market Chatter: Unilever To Build $270 Million Research Center in Connecticut

Unilever (UL) is investing $270 million to construct a research center in New Haven, Connecticut, to develop skin and hair products for US and global markets, the Wall Street Journal reported Thursday, citing Herrish Patel, president of Unilever USA.The center, the company's largest research and development infrastructure investment in the US in 40 years, is slated to open in 2029 and employ about 300 people, the report said.Unilever did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $57.47, Change: $-0.53, Percent Change: -0.92%

$UL
Asia Markets

European Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading

European equities traded in the US as American depositary receipts were tracking lower late Wednesday morning, declining 0.48% to 1,880.02 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by internet advertising firm Criteo (CRTO) and biopharmaceutical company argenx (ARGX), which rose 5% and 2.8% respectively. They were followed by consumer goods company Unilever (UL) and biotech firm BioNTech (BNTX), which were up 2.1% and 1.9% respectively.The decliners from continental Europe were led by telecommunications companies Ericsson (ERIC) and Nokia (NOK), which dropped 4.1% and 3.4% respectively. They were followed by semiconductor company Sequans Communications (SQNS) and oil and gas company Eni (E), which lost 3.3% and 3% respectively.The gainers from the UK were led by biotech firm Autolus Therapeutics (AUTL) and software company Endava (DAVA), which advanced 3.7% and 3.4% respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and alcoholic beverage company Diageo (DEO), which increased 3% and 2.7% respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Akari Therapeutics (AKTX) and oil and gas company BP (BP), which fell 13% and 3.2% respectively. They were followed by utilities company National Grid (NGG) and oil and gas company Shell (SHEL), which were down 2.2% and 2.1% respectively.

$AKTX$ARGX$AUTL$BNTX$BP$CRTO$DAVA$DEO$E$ERIC$NGG$NOK$SHEL$SLN$SQNS$UL
Asia Markets

European Equities Traded in the US as American Depositary Receipts Start Week on Flat Note in Monday Trading

European equities traded in the US as American depositary receipts opened the week on a flat note Monday morning, edging 0.08% higher to 1,835.34 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS) and biopharmaceutical company Cellectis (CLLS), which advanced 8.1% and 6.3% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and telecommunications company Ericsson (ERIC), which increased 4.9% and 3.2% respectively.The decliners from continental Europe were led by consumer goods company Unilever (UL) and biopharmaceutical company Grifols (GRFS), which fell 1.9% and 1.3% respectively. They were followed by internet browser company Opera (OPRA) and accommodations booking site trivago (TRVG), which were down 1% each.The gainers from the UK were led by cruise line operator Carnival (CUK) and pharmaceutical company Silence Therapeutics (SLN), which rose 6.6% and 4.7% respectively. They were followed by biotech firm Autolus Therapeutics (AUTL) and biopharmaceutical company Amarin (AMRN), which were up 3.9% and 3.4% respectively.The decliners from the UK and Ireland were led by biopharmaceutical companies Akari Therapeutics (AKTX) and Mereo BioPharma Group (MREO), which lost 10% and 7.3% respectively. They were followed by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and software firm Endava (DAVA), which dropped 5.8% and 2.2% respectively.

$AKTX$AMRN$AUTL$BDRX$CLLS$CUK$DAVA$DBVT$ERIC$GRFS$MREO$OPRA$SLN$SQNS$TRVG$UL
Asia Markets

European Equities Traded in the US as American Depositary Receipts Higher in Tuesday Trading

European equities traded in the US as American depositary receipts were higher late Tuesday morning, rising 0.27% to 1,794.86 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by brewing firm Anheuser-Busch InBev (BUD) and medical device maker EDAP TMS (EDAP), which advanced 9% and 3% respectively. They were followed by telecommunications companies Ericsson (ERIC) and Nokia (NOK), which rose 2.5% and 2.4% respectively.The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS) and internet advertising firm Criteo (CRTO), which shed 9.7% and 3.9% respectively. They were followed by biotech firm BioNTech (BNTX) and consumer goods company Unilever (UL), which fell 3.1% and 0.6% respectively.The gainers from the UK were led by Biodexa Pharmaceuticals (BDRX) and insurance company Prudential (PUK), which climbed 32% and 2.2% respectively. They were followed by education company Pearson (PSO) and mining company BHP Group (BHP) were up 1.8% and 1.5% respectively.The decliners from the UK and Ireland were led by lender HSBC (HSBC) and Mereo BioPharma (MREO), which fell 5% and 2.1% respectively. They were followed by Lloyds Banking Group (LYG) and software firm Endava (DAVA), which were down 1.9% each.

$BDRX$BHP$BNTX$BUD$DAVA$EDAP$ERIC$HSBC$LYG$MREO$NOK$PSO$PUK$SQNS$UL
Asia Markets

European Equities Traded in the US as American Depositary Receipts Flat in Friday Trading; Gain 1.3% for Week

European equities traded in the US as American depositary receipts were trending marginally higher late Friday morning, rising 0.05% to 1,824.45 on the S&P Europe Select ADR Index, which is up 1.25% for the week so far.From continental Europe, the gainers were led by telecommunications company Nokia (NOK) and pharmaceutical company Novo Nordisk (NVO), which climbed 6.3% and 3.6% respectively. They were followed by biopharmaceutical company Cellectis (CLLS) and consumer goods company Unilever (UL), which advanced 3.3% and 3% respectively.The decliners from continental Europe were led by biotech firm BioNTech (BNTX) and furniture maker Natuzzi (NTZ), which dropped 6% and 3.5% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and petroleum refiner Equinor (EQNR), which lost 3.3% and 2.4% respectively.The gainers from the UK were led by educational publisher Pearson (PSO) and biopharmaceutical company Akari Therapeutics (AKTX), which rose 3.2% and 2.8% respectively. They were followed by biopharmaceutical company Bicycle Therapeutics (BCYC) and cruise line operator Carnival (CUK), which were up 2.7% and 2.5% respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Amarin (AMRN) and oil and gas company BP (BP), which fell 2.8% and 1.9% respectively. They were followed by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and oil and gas company Shell (SHEL), which were down 1.4% and 1.2% respectively.

$AKTX$AMRN$BCYC$BDRX$BNTX$BP$CLLS$CUK$DBVT$EQNR$NOK$NTZ$NVO$PSO$SHEL$UL
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading

European equities traded in the US as American depositary receipts rose late Thursday morning, gaining 2.20% to 1,818.51 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by pharmaceutical company Novo Nordisk (NVO) and lender ING Groep (ING), which advanced 5.3% and 4.9% respectively. They were followed by biopharmaceutical firm Grifols (GRFS) and consumer goods firm Unilever (UL), which rose 3.2% and 3.1% respectively.The decliners from continental Europe were led by internet advertising firm Criteo (CRTO) and telecommunications company Nokia (NOK), which fell 3.2% and 1.9% respectively.The gainers from the UK were led by cruise line operator Carnival (CUK) and utilities company National Grid (NGG), which rose 4.8% and 3.5% respectively. They were followed by Lloyds Banking Group (LYG) and telecommunications operator Vodafone Group (VOD), which were up 2.6% and 2.3% respectively.The decliners from the UK and Ireland were led by software firm Endava (DAVA) and Bicycle Therapeutics (BCYC), which lost 5.2% and 2.3% respectively. They were followed by biopharmaceutical companies Amarin (AMRN) and Mereo BioPharma Group (MREO), which fell 1.3% and 0.9% respectively.

$AMRN$BCYC$CRTO$CUK$DAVA$GRFS$ING$LYG$MREO$NGG$NOK$NVO$UL$VOD
Sectors

Sector Update: Consumer Stocks Mixed Premarket Thursday

Consumer stocks were mixed premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1% higher.Unilever (UL) stock was up more than 1% after the company reported a 3.8% underlying sales growth, along with a 3.3% decline in turnover, in Q1.Royal Caribbean Group (RCL) shares were up more than 6% after the company reported higher Q1 adjusted earnings and revenue.Smurfit Westrock (SW) stock was down more than 6% after the company posted a decline in Q1 adjusted earnings.

$RCL$SW$UL$XLP$XLY

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