FSTA News and Press, Fidelity MSCI COnsumer Staples Index From 02/17/24

2024-02-17 02:40:00 ET Summary This week was particularly trying, and most of all for the masses tethered to the “6 in ’24” narrative proclaiming six Fed funds rate cuts in 2024. Many of the categories that make up typical household budgets saw price gains in ...

2024-02-16 03:30:00 ET Summary January and February are the worst months of the year for retail sales overall; December is the best month of the year. In January 2024, retail sales plunged by 16.6% from December. For non-store retailers (mostly ecommerce), the best month by fa...

2024-02-15 11:45:00 ET Summary January retail sales and manufacturing output were quite a lot weaker than expected, but we are coming off strong levels after upside surprises in late 2023. The outlook remains one of a slowing growth story as high borrowing costs, tight credit cond...

2024-01-24 23:40:00 ET Summary December Retail Sales were impressive, generally topping economists' estimates. Three Consumer Discretionary companies provided earnings updates earlier this month. Spotting key volatility catalysts on the calendar is key ahead of the retail repo...

2024-01-19 00:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-18 22:35:00 ET Summary U.S. December retail sales came in stronger than expected. Retail and food services were up 0.6% month-over-month, and the ex-autos category up 0.4% m/m. Two categories that stood out in December were clothing & clothing accessories stores, where...

2024-01-17 11:12:00 ET Summary The jobs market is tight, inflation is above target, consumer spending is holding up and recent Fed commentary suggests they are in no hurry to loosen policy. As such, we continue to favour May as the start point for interest rate cuts rather than Ma...

2024-01-11 15:32:06 ET More on Consumer Staples XLP: Staples Turn Cheaper In 2023, Waiting On Improved Momentum Food prices are running below the overall pace of inflation U.S. sees record Black Friday online sales, driven by price-conscious shoppers For ...

2024-01-04 11:15:00 ET Summary In this 2023 year-end sector review (part 1), we look at how companies performed during 2023 in the communications services, consumer discretionary, consumer staples, energy, and financial services sectors. After a bad year in 2022, the consumer disc...

2023-12-21 13:13:11 ET Summary Fidelity® MSCI Consumer Staples Index ETF is a defensive sector fund that aims to match the performance of the MSCI USA IMI Consumer Staples Index. Consumer staples are essential goods and services that remain in demand regardless of the state o...