Consumer stocks advanced pre-bell Monday with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) 1.7% higher recently.
Smithfield Foods (SFD) shares advanced by over 2% after the company said it has joined the Russell 1000 Index effective Friday.
Quantasing Group (QSG) shares were up more than 2% after the company said it has agreed to invest in Shenzhen Yiqi Culture, also known as Letsvan, marking Quantasing's entry into the pop toys market and broader consumer goods industry.
Alibaba (BABA) and Huawei-made semiconductors are reportedly being used by Ant Group to develop cost-efficient artificial intelligence training techniques, multiple media outlets reported, citing unnamed sources. Alibaba shares were 0.8% higher pre-bell.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。