Consumer staples stocks were the best performers on Tuesday, Oct. 3, as Walmart Stores Inc. (WMT) led the Dow Jones Industrial Average higher. 

Walmart shares rose more than 1% after the world's largest retailer acquired small New York-based company Parcel. The acquisition is a play to go head-to-head with Amazon.com Inc. (AMZN) in the same-day delivery market, first focusing on the New York City area. Details of the deal weren't disclosed.

Other stocks in the non-cyclical consumer space were caught up in the momentum, including Procter & Gamble Co. (PG) , Anheuser-Busch InBev NV (BUD) , Ambev SA (ABEV)  and CVS Health Corp. (CVS) . The Consumer Staples Select Sector SPDR ETF (XLP) increased 0.2%. 

Forget Farm To Table, Walmart Is Testing Web To Fridge

More of What's Trending on TheStreet:

More from Futures

Google Faces Record Fine and 4 Other Stories to Watch Wednesday Morning

Google Faces Record Fine and 4 Other Stories to Watch Wednesday Morning

Netflix's Subscriber Miss and 4 Other Stories to Watch Premarket Tuesday

Netflix's Subscriber Miss and 4 Other Stories to Watch Premarket Tuesday

Amazon Prime Day and 4 Other Stories to Watch Ahead of Monday's Opening Bell

Amazon Prime Day and 4 Other Stories to Watch Ahead of Monday's Opening Bell

Stocks Rise Modestly and 4 Other Stories to Watch Premarket Friday

Stocks Rise Modestly and 4 Other Stories to Watch Premarket Friday

Futures Point Toward a Wall Street Rebound and 4 Other Stories to Watch Thursday

Futures Point Toward a Wall Street Rebound and 4 Other Stories to Watch Thursday