Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday

Sector Update: Consumer Stocks Mixed Pre-Bell Wednesday

MT newswireMT newswire2026/09/30 13:13
09:13 AM EDT, 09/30/2026 (MT Newswires) -- Consumer stocks were mixed pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% lower. Conagra Brands (CAG) shares were down more than 3% after the company posted a decline in fiscal Q1 net sales. Hormel Foods (HRL) stock was up more than 1% after the company said it signed a definitive deal to acquire Brakebush Brothers, a value-added chicken company, for about $1.06 billion. Cal-Maine Foods (CALM) shares were down more than 7% after the company reported that it swung to a fiscal Q1 net loss amid lower net sales during the period.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Morgan Stanley is tactically bullish on BHP (BHP.US): Two major copper mine catalysts may ignite the stock price in the next two months

Morgan Stanley maintains an "Overweight" rating on BHP Group, with an "attractive" industry outlook, and sets a target price of AUD 69.00 for its shares listed in Australia.

智通财经•2026/10/13 07:03

Bank of England hawkish official: Growth exceeds expectations and employment is resilient, which precisely proves that further rate hikes are necessary.

Megan Greene, a policymaker at the Bank of England, stated that the UK's economic growth surpassing expectations and the resilience of the job market indicate that the Bank of England's efforts to curb inflation are still insufficient.

智通财经•2026/10/13 06:32