XLY News and Press, SPDR Select Sector Fund - Consumer Discretionary From 05/28/24

2024-05-28 11:47:53 ET More on Technology Select Sector SPDR ETF: Parallel Universes? AI, Energy, And Chips XLK: Sitting On The Sidelines For Now On Mixed Outlook XLK Technology SPDR: Headwinds Are Growing Apple, Microsoft least shorted S&P 500 technology...

2024-05-24 18:25:00 ET The S&P 500 ( SP500 ) on Friday added 0.03% for the week to end at 5,304.72 points, posting gains in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) was essentially unchanged for the week. .....

2024-05-23 10:56:01 ET Goldman Sachs on Thursday argued that the U.S. consumer remains more likely to stay strong, even as some cracks have started to emerge with the health of the overall consumer marketplace.... Read the full article on Seeking Alpha For further details see: ...

2024-05-23 04:15:00 ET Summary S&P 500 earnings growth of 5% was driven primarily by the mega-cap tech+ stocks. We remain positive on technology and internet stocks but expect the earnings growth chasm between these leaders and the rest to close as two divergent business cycle...

2024-05-20 09:42:43 ET Oppenheimer Asset Management presented data showing that S&P 500 firms delivered more than 5% profit growth, on average, in quarterly reports released in the last several weeks, led by growth in areas like communication services and consumer discretionary.... ...

2024-05-20 09:35:00 ET Summary American consumers, often seen as a bellwether for the global economy - have been largely resilient and healthy despite sticky inflation and higher interest rates. Can this resilience continue as difficult market conditions persist? At a high lev...

2024-05-18 07:00:00 ET Summary Edward Yardeni, President of Yardeni Research, has been - and remains - bullish on the stock market given a Federal Reserve that will likely retreat to the sidelines, strong consumer spending, and a solid growth outlook. Jose Torres, Senior Economist...

2024-05-17 20:35:00 ET The S&P 500 ( SP500 ) on Friday added 1.54% for the week to end at 5,303.27 points, posting gains in three out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) climbed 1.65% for the week. ... Read ...

2024-05-17 08:41:01 ET Summary The consumer discretionary sector is very close to its 11-year averages in valuation metrics. Consumer services are the most attractive subsector and retailing is the most overvalued. IYC: a more diversified alternative to XLY. 9 consumer cyc...

2024-05-17 07:30:00 ET Summary My thesis today (and what I observe in other macro articles is not a consensus opinion) is to allocate capital in markets outside the US. The US outperformed Europe in profit growth by more than double - hence the premium in valuation. However, the r...