Sector Update: Consumer

Consumer stocks were declining pre-bell Monday. The Consumer Staples Select Sector SPDR Fund XLP was 0.5% lower and the Consumer Discretionary Select Sector SPDR Fund XLY was recently down 0.9%.

51Talk Online Education Group CCOE shares were inactive pre-bell after saying it will change the ratio of its American depositary shares to class A ordinary shares from one ADS representing 15 class A shares to one ADS representing 60 shares.