Consumer stocks were leaning lower pre-bell Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining by 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.8% lower.

Wayfair (W) said it will open its first large-format store in Florida in late 2027. Wayfair stock was down more than 1% premarket.