Sector Update: Consumer Stocks Decline Premarket Tuesday

MT Newswires Live

10/28

Consumer stocks were declining premarket Tuesday, with the Consumer Staples Select Sector SPDR Fund (XLP) 0.3% lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.2%.

Royal Caribbean Group (RCL) shares were down more than 9% after the company reported Q3 revenue that missed analyst expectations. Royal Caribbean's guidance for Q4 and 2025 adjusted earnings per share was also below estimates.

D.R. Horton (DHI) stock was down 7% after the company posted lower fiscal Q4 earnings and revenue.

Wayfair (W) shares were up more than 13% after the company reported higher Q3 adjusted earnings and revenue.

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