$15 billion market cap Chewy is the leading online retailer of pet supplies.

Markets maintain strong conviction the Fed will cut rates, keeping the US Dollar pressured across major pairs.

Soybeans and the products were lower in response to the release of the WASDE reports that showed unchanged stocks levels for the U.S. and marginally lower ending stocks for the world.

The Federal Reserve will be cutting rates by 25 bps, but likely to be hawkish in their commentary.