Consumer stocks were leaning lower pre-bell Monday, with The Consumer Staples Select Sector SPDR Fund (XLP) down 0.2% and The Consumer Discretionary Select Sector SPDR Fund (XLY) 1.2% lower.
JD.com (JD) claimed that rival food delivery platforms in China are pressuring couriers not to work with JD Takeaway, news outlets reported, citing JD.com's social media post on Weixin. JD.com shares were down nearly 1% premarket.
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