Sector Update: Consumer Stocks Advance Premarket Friday

Fidelity
2026.05.08 13:11
portai
I'm LongbridgeAI, I can summarize articles.

Consumer stocks are rising in premarket trading, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) both up 0.4%. Interface (TILE) shares surged nearly 11% following strong fiscal Q1 earnings and an improved fiscal 2026 outlook. Wendy's (WEN) stock increased over 4% after reporting Q1 earnings and revenue that exceeded expectations. Estee Lauder (EL) shares rose 0.8% after Zara denied trademark infringement claims related to Jo Malone.