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THE CONSUMER STAPLES SELECT SECTOR SPDR ETF News

$77.41
-0.500 (-0.642%)
At Close: Jun 25, 2024
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
The stock market showed little reaction to one economic report on Friday that technical analyst Tom Aspray thinks may help determine which sectors will lead for the rest of the year.

US Stock Indexes Post More Record Highs Friday

06:08pm, Friday, 13'th Aug 2021
The Dow Jones Industrial Average closed at 35,515.38 on Friday with a gain of 15.53 points or 0.04%. The S&P 500 closed at 4,468.00 for a gain of 7.17 points or 0.16%.
CNBC's Mike Santoli reports on Sysco's stock moving higher after the company reported better than expected earnings.
Despite the outflows, some U.S. equity ETFs topped the creation list last week on earnings optimism.
With the stock markets recent decline, investors mindset could be shifting into protecting gains made throughout the year.  The recent blowoff from highs has also brought in more volatility with a po

5 Best-Performing ETFs of Last Week

11:28am, Monday, 19'th Jul 2021
Wall Street snapped a three-week winning streak amid uncertainty over the global growth and inflation fears.

XLP: Consumer Staples Dashboard For July

08:22am, Wednesday, 14'th Jul 2021
A dashboard with metrics in consumer non-cyclical industries. Value and quality scores, and their evolution since last month.
With the markets teetering at all-time highs, Q.ai's deep learning algorithms have identified several of the top US Consumer Smart Beta ETFs based on fund flows over the last 90-days, 30-days, and 7-d

XLP: This Defensive-Sector ETF Isn't In Vogue

10:01am, Saturday, 03'rd Jul 2021
The macroeconomic backdrop is positive. The XLP has under-performed in multiple time frames.
The economic backdrop for the sector is positive. It has underperformed its peers across multiple time frames.
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