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THE CONSUMER STAPLES SELECT SECTOR SPDR ETF News

$77.35
+1.19 (+1.57%)
At Close: May 31, 2024
Adam Parker, Trivariate Research CEO, joins 'Squawk on the Street' to discuss when U.S. equity markets will expect rate hikes, which sector of stocks are best fit for growth and more.
Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP)s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $71.13 and traded as low as $70.14. Consumer Staples Select Sector SPDR Fund shares last traded at $70.29, with a volume of 22,843,085 shares trading hands. The []
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Considering inflation is one of the critical economic issues today, investors and analysts would benefit from in-depth research regarding its causes and effects. Inflation is rising due to production
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XLP: Hold Off For Now

02:02pm, Thursday, 11'th Nov 2021
The economic backdrop is positive. The XLP is a poor performer relative to its peers and S&P 500.

ETF Spotlight: Consumer Staples, XLP

10:47am, Thursday, 28'th Oct 2021
CNBC's Carl Quintanilla brings us Thursday's edition of ETF Spotlight where he highlights the Consumer Staples sector, the worst performing sector of the year.
The Consumer Staples ETF (XLP) is known to be an area of focus through market downturns as it offers exposer to companies that are historically safety plays. Some of XLP's biggest holdings include com

4 Sector ETFs to Win Amid Rising Inflation

04:41pm, Thursday, 14'th Oct 2021
Inflation has been on an uphill ride this year thanks to the low-base effects from 2020. These sectors should benefit from higher inflation.
Let's look at some safe ETF areas that investors can play, keeping in mind certain burning issues that can flare up uncertainty amid the global health crisis in October.
Fernandes: U.S. retail sales in June 2020 were already higher than in December 2019. Fernandes: US consumer is in a much better position than they were in 2008.
In pre-deregulation days, Utility stocks were recommended for grandmas and widows. My recent article on the Utilities Select Sector SPDR ETF poked holes in that being the safest sector now. This artic

Food Stocks Gain Amid Appetite for Price Hikes

09:35am, Thursday, 09'th Sep 2021
Here's why investors stocked up on food stocks. Monitor these two industry-leading names for possible trading opportunities.
The macroeconomic backdrop is positive. The XLP has underperformed due to its defensive orientation.
Investors were overall net purchasers of fund assets (including those of conventional funds and ETFs) for the 4th consecutive week, injecting a net $33.0 bln for Refinitiv Lipper's fund-flows week end
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