Sector Update: Consumer Stocks Mixed Premarket Friday

MT newswire2026/11/06 13:12

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09:12 AM EST, 11/06/2026 (MT Newswires) -- Consumer stocks were mixed premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 2% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.3%. PepsiCo (PEP) renewed its beverage partnership with KFC across Australia, India, the UK, Spain, Germany, France, the Netherlands and Belgium, the company said. Shares of PepsiCo were down more than 2% pre-bell. Monster Beverage (MNST) stock was down more than 5% even after the company reported higher Q3 adjusted earnings and revenue. Under Armour (UA, UAA) shares fell past 11% after the company posted lower fiscal Q2 adjusted net income and net revenue.

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