XLY Stock Recent News

XLY, ITA, VGT, XLF and XLU are positioned to benefit as Q2 earnings growth takes off across key S&P 500 sectors.

Last week's economic data presented a mixed picture, emerging against the backdrop of a record market rally. Inflation surprisingly heated up in May, reports on consumer attitudes showed conflicting signals, and the economy's first quarter contraction was deeper than expected.

Rising consumer confidence and cooling inflation are likely to revive interest in discretionary ETFs like XLY, VCR and IYC.

Last week's economic signals were a mix of cautious optimism and renewed concern. While inflation saw a slight uptick in May, it still came in cooler than expected.

Cooling May inflation boosts prospects for ETFs tied to consumer spending, tech growth, homebuilding and real estate.

XLY, VCR and FDIS lead consumer discretionary ETFs higher as recession fears fade and trade optimism lifts markets.

Last week's economic data presented a mixed but generally more positive outlook. Inflation continued its downward trend in April, reaching its lowest point in over four years.

The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity market.

Consumer confidence soared in May on U.S.-China trade truce. ETFs like XLY, VCR, FDIS, XLP, and IYC stand to gain from rising optimism and market outlook.

Last week's economic data presented a mixed bag, arriving against a backdrop of an S&P 500 that trended upwards for the entire week, buoyed by positive developments in trade talks.