Sector Update: Consumer Stocks Fall Pre-Bell Wednesday

09:18 AM EDT, 09/09/2026 (MT Newswires) -- Consumer stocks were falling pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining 0.9%. Signet Jewelers (SIG) shares were up more than 13% after the company posted higher fiscal Q2 adjusted earnings and raised its fiscal 2027 non-GAAP EPS guidance. Booking (BKNG) lost its legal battle against the European Union's antitrust veto of the company's acquisition of Etraveli Group, with the Luxembourg-based General Court saying the deal is "incompatible with the internal market and the EEA agreement." The company's stock was down more than 2% premarket. Chewy (CHWY) shares were down more than 4% even after the company reported higher fiscal Q2 adjusted earnings and net sales.