XLP Stock Recent News
XLP LATEST HEADLINES
If you're interested in broad exposure to the Consumer Staples - Broad segment of the equity market, look no further than the Consumer Staples Select Sector SPDR ETF (XLP), a passively managed exchange traded fund launched on 12/16/1998.
Former J. Crew CEO Mickey Drexler joins 'Closing Bell' to discuss the state of the consumer, retailers, and competitors.
Peter Galbo, research analyst at Bank of America, joins 'The Exchange' to discuss the state of the consumer, the names to own heading into 2024, and more.
Preliminary findings from Mastercard SpendingPulse reveal that U.S. retail sales, barring automotive, have experienced a year-over-year increase of 3.1% during the holiday season.
The broad stock market has delivered a "V-bottom" since late October, with risk-on areas performing well. Defensive sectors like Health Care, Utilities, and Consumer Staples have underperformed since October 27, however. I assert that XLP is undervalued compared to its 10-year average, but price action needs to improve for a buy rating to be issued.
Designed to provide broad exposure to the Consumer Staples - Broad segment of the equity market, the Consumer Staples Select Sector SPDR ETF (XLP) is a passively managed exchange traded fund launched on 12/16/1998.
With all the anticipation centered on possible interest rate cuts, the concept of targeting smart ETF choices as interest rate-proof investments seems irrational, if not outright absurd. Why go with a diverse ETF portfolio when risk-on assets like cryptocurrencies are responding so well to anticipated cuts?
Good morning, VettaFi Voices! Last Friday, the holiday shopping season kicked off in earnest (while I hunkered down in my house eating turkey sandwiches and waited for the initial frenzy to pass).
Recent data point to a record shopping season for Shopify (SHOP), which saw Black Friday sales grow 22% y/y. Additional reports from Adobe Analytics show a strong $9.8 billion Black Friday season.