Consumer stocks were edging higher pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) advancing by 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 0.8%.

JD.com (JD) stock was up 1% after the company said it has launched Joybuy, a retail e-commerce platform in Europe.