NYSEArca - Delayed Quote USD

Consumer Discretionary Select Sector SPDR Fund (XLY)

169.76

-1.50

(-0.88%)

At close: April 19 at 4:00 PM EDT

169.88

+0.12

(+0.07%)

After hours: April 19 at 7:40 PM EDT

Market is 'evolving' towards consumer discretionary: Strategist

In the first quarter of 2024, many of the AI-led tech companies performed well, with some of the Magnificent Seven experiencing a fall from grace. With some uncertainty moving ahead, and a potential pullback from historic highs, Citi has downgraded the tech sector from Overweight to Market Weight, citing a broadening out of market gains, while upgrading the consumer discretionary sector to Overweight. Citi US Equity Strategist Scott Chronert joins Yahoo Finance to break down the calls for these sectors and take a look into how the market may perform moving forward. Chronert elaborates on his position: "The market's evolving, the market's evolving away from the tech and cyclical leadership that we've had since early November. We think we're starting to see signs that the market is gradually positioning in favor of those parts of the market that should at the margin benefit from an eventual Fed [Federal Reserve] pivot, consumer [discretionary] is front and center on that. " For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 17 days ago

^GSPC

XLY
-0.88%
^IXIC
The S&P 500 is up 5 months straight — and history favors momentum

The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.

Yahoo Finance 23 days ago

^TNX

^IXIC

DX-Y.NYB
Stocks open higher, steadying after Monday pullbacks

The stock market (^DJI, ^IXIC, ^GSPC) is in bloom, opening the morning in the green after Monday's pullbacks. Consumer discretionary stocks (XLY) lead sector gains this morning. Yahoo Finance Live analyzes the market and sector action happening after Tuesday's market open. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Yahoo Finance Video 24 days ago

^IXIC

^GSPC

^DJI
How discount stores are carrying the retail sector

While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

Yahoo Finance Video 25 days ago

BURL

NKE

WMT
RBC downgrades tech sector on valuation concerns

RBC Capital Markets analyst Lori Calvasina has downgraded the technology sector from an "Overweight" rating to "Market Weight" after an impressive 2023 performance stirred doubts around current valuations. Offsetting its tech downgrade, RBC lifted ratings for the consumer discretionary and utilities sectors. Yahoo Finance's Josh Schafer breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 3 months ago

XLY
-0.88%
XLU
+1.54%
XLK
-2.06%
2024 trends to watch: Relief for homebuyers, struggles for retailers

From the media industry to housing to retail, here’s what CEOs, economists, and strategists are predicting for 2024.

Yahoo Finance 3 months ago

CMCSA

WMT

PARA
Wall Street bull makes case for S&P 500 to hit 5,200 in 2024

Oppenheimer's John Stoltzfus sees rate cuts and a resilient economy driving the S&P 500 to new highs next year.

Yahoo Finance 4 months ago

XLY
-0.88%
^DJI

^IXIC
'FOMO' creeps into markets as stocks post best month in a year

Investors afraid of missing out on an interest rate-driven rally piled into previously unloved sectors of the market in November.

Yahoo Finance 4 months ago

XLK
-2.06%
XLRE
+0.39%
XLF
+1.38%
Stocks post best month since 2022 as investors look ahead to rate cuts

Stocks ripped higher through November as investors shifted focus from when the Fed will stop hiking interest rates to when the first rate cut will happen.

Yahoo Finance 4 months ago

XLY
-0.88%
XLF
+1.38%
^DJI
Investing themes to watch in 2024: Magnificent 7, small caps, quick shifts, and more

Top strategists and money managers share investment ideas and themes to consider for 2024.

Yahoo Finance 4 months ago

^GSPC

AMZN

TSLA
Consumer Staples Stocks Are Issuing a Key Stock Market Warning

Those who have tracked my work over the last decade know I’m a huge fan of intermarket analysis and using relative price movement to analyze what’s really happening beneath the market’s surface. Why does this type of analysis matter? Because it’s the only way to cancel out beta. It’s also the only way to see what the market is truly thinking about certain sectors. Broadly speaking, there are two broad categories of sectors. Those that are more cyclical and that investors position into when in an

InvestorPlace 5 months ago

XLY
-0.88%
XLP
+0.98%
Student loan repayments waste no time weighing on shoppers' wallets

Early data from several investment banks suggest the consumer is retrenching with student loan repayments starting up.

Yahoo Finance 6 months ago

BBY

JWN

XLY
-0.88%
Market could hit 'all-time highs by June' in 2024: Strategist

The U.S. economy keeps pushing back against forecasts predicting a recession would hit in 2023. Now, investors are left wondering what this means looking ahead to 2024. J.P. Morgan Private Bank U.S. Equity Strategist Abby Yoder joins Yahoo Finance to discuss JPMorgan's recent upgrade in the consumer discretionary sector and the outlook for the S&P 500 (^GSPC) over the next year. "We have this concept of what we've been calling a rolling earnings recession, it's where different sectors of the S&P 500 have gone through their earnings recessions at different times," Yoder explains the reasoning behind the bullish outlook. The consumer discretionary sector "[has] already been through that earnings recession period... They've had margin support in the fact that they already cut costs, thats why we are more positive on the consumer discretionary sector."For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 6 months ago

XLY
-0.88%
^IXIC

^GSPC
These could be the biggest headwinds for consumer stocks

Writing in a strategist note, Morgan Stanley CIO Mike Wilson believes a multitude of factors, including "slowing consumer spend" and student loan repayments, are presenting risks for consumer-facing stocks. This leads Wilson's team to advise investors to avoid early cycle winners. Yahoo Finance's Seana Smith and Brad Smith analyze how consumer discretionary stocks could be expected to react to these forecasts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 6 months ago

XLY
-0.88%
Should investors be cautious or optimistic of market trends?

Consumer discretionary stocks (XLY) maintain year-to-date gains of over 20%. However, amid challenges stemming from rising oil prices and housing market pressures, investors are expressing caution for the upcoming months. "The market is at a super compelling moment," Dylan Ratigan, host of TastyTrade's Truth or Skepticism, says. "It's like a tight rubber band with equal pressure at both ends." Yahoo Finance Live's Seana Smith and Brad Smith sit down with Ratigan to explore whether investors should approach the current market condition with optimism or caution. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 6 months ago

XLY
-0.88%
Nike and other retail stocks downgraded as Jefferies warns of spending slowdown

As student loan payments return, Jefferies warned stores like Nike and Foot Locker could see a slowdown as consumers curtail spending.

Yahoo Finance 6 months ago

URBN

XLY
-0.88%
NKE
Us Stock Market Dips Over Inflation Fears and Auto Workers Strike

On Friday, the U.S. stock market saw significant losses due to investor concerns over inflation and a potential auto workers strike. This development led all three major indexes to close in the red. The Dow Jones Industrial Average (DJI) fell by 0.8%, losing 288.87 points to close at 34,618.24 points. The S&P 500 experienced a 1.2% decrease, dropping 54.78 points to finish at 4,450.32 points. The Nasdaq, largely composed of tech stocks, declined by 1.6% or 217.72 points to settle at 13,708.33 po

Investing.com 6 months ago

XLE
+1.20%
XLY
-0.88%
ADBE
The stock market's next challenge: August doldrums

Seasonal trends point to a weak August for stocks.

Yahoo Finance 8 months ago

^GSPC

XLC
-1.10%
XLY
-0.88%
The 2023 stock market rally got a lot healthier in June and July

After narrow leadership earlier in the year, broader participation in this year's stock market rally helped turn aside one of the most popular bear cases that nagged markets into the summer months.

Yahoo Finance 8 months ago

GOOG

GOOGL

XLB
-0.08%
S&P 500, Nasdaq rise for fifth month in a row

Both the S&P 500 and the Nasdaq Composite closed higher on Monday. The indices also closed higher for the month of July, making it five-straight months of gains for both. Yahoo Finance Markets Reporter Jared Blikre breaks down what drove the market action.

Yahoo Finance Video 8 months ago

XLK
-2.06%
AAPL

META

Performance Overview

Return	XLY	Category
YTD	-4.02%	+7.83%
1-Year	+16.47%	+25.66%
3-Year	-0.83%	+1.14%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Consumer Discretionary Select Sector SPDR Fund (XLY)

Market is 'evolving' towards consumer discretionary: Strategist

The S&P 500 is up 5 months straight — and history favors momentum

Stocks open higher, steadying after Monday pullbacks

How discount stores are carrying the retail sector

RBC downgrades tech sector on valuation concerns

2024 trends to watch: Relief for homebuyers, struggles for retailers

Wall Street bull makes case for S&P 500 to hit 5,200 in 2024

'FOMO' creeps into markets as stocks post best month in a year

Stocks post best month since 2022 as investors look ahead to rate cuts

Investing themes to watch in 2024: Magnificent 7, small caps, quick shifts, and more

Consumer Staples Stocks Are Issuing a Key Stock Market Warning

Student loan repayments waste no time weighing on shoppers' wallets

Market could hit 'all-time highs by June' in 2024: Strategist

These could be the biggest headwinds for consumer stocks

Should investors be cautious or optimistic of market trends?

Nike and other retail stocks downgraded as Jefferies warns of spending slowdown

Us Stock Market Dips Over Inflation Fears and Auto Workers Strike

The stock market's next challenge: August doldrums

The 2023 stock market rally got a lot healthier in June and July

S&P 500, Nasdaq rise for fifth month in a row

Performance Overview