XLY Stock Recent News
XLY LATEST HEADLINES
The rise of consumer sentiment to a four-month high in early September bodes well for household spending and the consumer discretionary sector.
Consumer sentiment rose in early August for the first time in five months. Rising consumer sentiment bodes well for household spending in the coming months.
Monthly article series with subsector metrics in consumer discretionary. The sector as a whole is close to 11-year averages in valuation metrics, and consumer services are the most attractive subsector. Durables and apparel also have good value and quality scores.
Recent turmoil in the consumer discretionary sector due to disappointing job growth. XLY's top holdings remain overvalued, but slight changes in fundamental categories create buying opportunity. XLY still underwhelming compared to peers, but recent changes in key factors make it a compelling investment opportunity.
Designed to provide broad exposure to the Consumer Discretionary - Broad segment of the equity market, the Consumer Discretionary Select Sector SPDR ETF (XLY) is a passively managed exchange traded fund launched on 12/16/1998.
We present five ETFs expected to benefit more than others in the second half given their solid fundamentals and bullish trends.
Consumer Discretionary Select Sector SPDR ETF XLY is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 26.2% from its 52-week low price of $147.83/share.
Consumer-discretionary stocks bounced back in June, raising hopes of a recovery after their tumultuous start to 2024. But market analysts warn that a comeback in this sector could belie underlying consumer weakness amid ongoing concerns over the health of American households.
Monthly article series with aggregate subsector metrics in Consumer Discretionary. The durables/apparel and consumer services subsectors are undervalued relative to their historical baseline. Fast facts on The Consumer Discretionary Select Sector SPDR® Fund ETF, a very concentrated sector ETF.
Mixed signals in the consumer discretionary sector, due to high inflation and interest rates, are leading me to assign a Hold rating on XLY. There is a risk of a recession and underperformance due to overvaluation and potential decrease in consumer spending. Consumer sentiment is declining, and rising unemployment could further impact the sector's recovery.