Consumer stocks were leaning lower premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) marginally declining and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.2%.
Diageo (DEO) Chief Executive Dave Lewis plans major changes to the alcoholic beverages company's top management, the Financial Times reported, citing people familiar with the matter. Shares of Diageo were up more than 3% pre-bell.