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

Market of the Week: E-mini S&P 500

Market of the Week: E-mini S&P 500

Last Week's Big Move Was Dominated by Options Expiration

Last Week's Big Move Was Dominated by Options Expiration

Your Need to Know - Forward Look

Your Need to Know - Forward Look

How E-Mini S&P 500 Revolutionized Equity, Electronic Trading

How E-Mini S&P 500 Revolutionized Equity, Electronic Trading

What Jim Cramer Would Do if He Was on the Fed

What Jim Cramer Would Do if He Was on the Fed