From Nasdaq: 2024-04-12 09:14:00

Consumer stocks were down pre-market Friday, with XLP down 0.2% and XLY falling 0.5%. CarMax is aiming to raise $1.25 billion in bonds after Q4 earnings missed expectations, causing shares to drop by over 1% premarket.

Archer-Daniels-Midland expanded its recall of select animal feed products due to elevated levels of certain minerals. Shares were down 0.5% pre-bell. Amazon.com is in talks to provide funding for UK tech startups through a $1 billion fund, leading to a 0.5% drop in shares pre-market.



Read more at Nasdaq: Consumer Sector Update for 04/12/2024: KMX, ADM, AMZN, XLP, XLY