XLY Stock Recent News
XLY LATEST HEADLINES
As Big Bank earnings beat Wall Street's expectations, Charles Schwab chief investment strategist Liz Ann Sonders adds the financials sector (XLF) to her list of growth sectors: communication services (XLC), consumer discretionary (XLY), and tech (XLK). Despite her expectations that these four sectors will grow, the strategist tells Catalysts Co-Hosts Madison Mills and Seana Smith that only two sectors have an Outperform rating and outlines why sector-based investing may not be the best strategy.
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides to debate controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play either angle. For this edition of Bull vs.
Total S&P 500 earnings are expected to be up 7.4% from the year-ago period on 4.8% higher revenues.
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.