Consumer stocks were mixed pre-bell Monday with the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.1% higher and the Consumer Staples Select Sector SPDR Fund (XLP) recently down 0.2%.
Tyson Foods (TSN) and other US meat producers are in danger of losing billions of dollars in Chinese revenue after Beijing allowed the registration status of their export permits to expire, Reuters reported. Tyson Foods shares were 0.2% higher premarket.
Church & Dwight (CHD) said Friday Lee McChesney will be appointed chief financial officer of the company, effective March 24. Church & Dwight shares were down more than 1% pre-bell.
Amazon.com (AMZN) plans to expand its Alexa device line with a premium tier in a bid to offer consumers more choices, Bloomberg reported, citing the company's head for devices and services Panos Panay. Amazon.com shares were 0.6% higher pre-bell.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.