RXI News and Press, iShares Global Consumer Discretionary From 01/22/24

2024-01-22 20:25:00 ET Summary A table that Refinitiv publishes only occasionally is valuable since it gives perspective on the S&P 500 sector’s market cap weight in the benchmark, versus that same sector’s earnings. The problem in the late 1990s for large-cap te...

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...

2024-01-12 13:23:57 ET The Consumer Discretionary Select Sector SPDR Fund ETF ( NYSEARCA: XLY ), which holds an 11.1% weightage on the S&P 500, has seen a rise of 33.1% in the past twelve months and has beaten the broader index in 2023 amid slower but robust earnings growth but ...

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...

2023-12-25 04:50:00 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...

2023-12-23 04:20:00 ET Summary The outlook for consumer discretionary in 2024. What a rate cut could mean for retail. How healthy is the consumer? The resiliency of the consumer has been one of the standouts of the economy this year, helping to push discretionary stocks hi...

2023-12-19 07:45:00 ET Summary CPI rose by 0.1% in November and 3.1% in the past 12 months. Excluding food and energy, the core CPI rose 0.3% in November and 4% in the past 12 months. The Fed will keep rates steady until inflation approaches 2%. The ECB followed the Fed’...

2023-12-01 04:25:00 ET Summary Outlook for retail stocks amid economic uncertainty. Will shoppers keep spending even with inflation high? What to expect this holiday shopping season. Retailers are hoping for a boost from this year's holiday shopping season even as ...

2023-11-30 00:10:00 ET Summary A strong Q3 earnings season is in the books, and the focus turns to what near-term consumer shifts may be brewing. Costco and The Buckle provide their usual monthly same-store sales reports this week. Global automakers also post production and sa...