Sector investing — it's a typical strategy for advisors if their clients are looking beyond broad market exposure by targeting a specific sector. The concept is fairly straightforward, but implementing the strategy is not as simple as it sounds.
The Investment Committee debate the consumer discretionary sector as consumer confidence beats.
The U.S. economy sent conflicting signals last week as a sharp deceleration in growth collided with unexpectedly stubborn inflation. While the S&P 500 managed to break its recent losing streak, the Federal Reserve's primary inflation gauge hit its highest level since early 2024, complicating the outlook for potential interest rate cuts later this year.
When the economy heats up and consumers open their wallets, they don't just buy more toothpaste.
The U.S. labor market showed further signs of cooling last week as private sector hiring slowed and job openings reached their lowest levels in over five years. While a brief government shutdown delayed official federal employment data, private reports and turnover summaries reinforced a narrative of diminishing demand for workers.
The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on December 16, 1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.
Months before Super Bowl LX kicks off at Levi's Stadium on February 9, the game was already being played, predicted, and celebrated across screens worldwide through companies held in the Amplify Video Game Leaders ETF (GAMR).
State Street Cons Disc Sel Sect SPDR Income ETF is rated 'hold,' reflecting defensive market positioning and sector underperformance. Despite poor consumer sentiment, retail sales and GDP growth remain resilient, driven by high-income spenders, but this dynamic is fragile. The XLY/XLP ratio's decline signals a shift toward defensiveness, suggesting XLY may underperform if market conditions weaken.
The final week of January saw a stark divergence between official policy and the American consumer's outlook. While the Federal Reserve maintained a “solid” view of economic growth, the public's mood plummeted to a decade-low amid sticky wholesale inflation.
Winter Storm Fern rattles the United States, lifting heating demand and natural gas prices as UNG stands out while airlines and consumers face headwinds.
The U.S. economy continues to display a complex mix of resilience and persistence. While third-quarter growth surged at its fastest pace in two years, the Federal Reserve's preferred inflation metrics remain stubbornly above target, complicating the path for future rate cuts.
Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY - Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $116.26 and traded as high as $122.13. Consumer Discretionary Select Sector SPDR Fund shares last traded at $120.90, with a volume of 11,327,731 shares trading
Nike Inc (NYSE: NKE) shares are slightly reversing from strength earlier this week following reports of continued insider buying.
CNBC's Courtney Reagan joins 'The Exchange' to report on 2025's biggest retail losers and winners, the resilience of the consumer and more.
Gerald, Storch, Fmr. Hudson's Bay CEO, Former Toys R Us Chairman & CEO, Fmr.
Dan Loeb's Third Point raised its Amazon (NASDAQ: AMZN) stake to 2.81 million shares as Q3 net sales beat Street estimates and AWS, AI drive growth.
Softer inflation and dovish signals point to more 2026 rate cuts. These ETFs can help investors ride potential gains.
Consumer services are notably undervalued by 15% versus 11-year averages and exhibit strong quality metrics, while retailing and auto/components are overvalued by 20%–23%. Despite recent underperformance, XLY has outperformed the S&P 500 long-term, with higher volatility and similar risk-adjusted returns. All capital-weighted ETFs in the sector have significant exposure to Amazon and Tesla, raising concentration risk.
A delayed jobs report tests whether the U.S. labor market is cooling fast enough to move markets - and the Fed's rate outlook.
Looking for broad exposure to the Consumer Discretionary - Broad segment of the equity market? You should consider the Consumer Discretionary Select Sector SPDR ETF (XLY), a passively managed exchange traded fund launched on December 16, 1998.