THE CONSUMER DISCRETIONARY SELECT SECTOR ETF News

Wall Street is on track to end the second quarter on a positive note. The Nasdaq Composite Index has outperformed, gaining 10.9% since the start of April, while the S&P 500 and the Dow Jones are up 6.

Amazon and Tesla are the top two holdings of XLY, but they are both heavily invested in technology sector. The consumer discretionary sector outlook is still gloomy as consumers' purchasing power drop

Several key economic indicators are released every week to help provide insight into the overall health of the U.S. economy. Last week had a heavy focus on housing-related data that could impact home

Wall Street has been upbeat in the first half of 2023 despite a few occasional hiccups. However, the road ahead may not that smooth as the AI rally may lose some momentum and the Fed may enact two rat

Retail sales in the United States saw a 0.3% sequential rise in May 2023. This comes after a 0.4% surge in April and outperforms market predictions of a 0.1% downturn.

The U.S. stock market has been enjoying a huge rally this year, with the S&P 500 Index riding its longest winning streak since November 2021.

Easing inflation indicates that the economy is stabilizing and interest rates may be declining. In such an environment, some sectors tend to perform better than others.

The U.S. consumer inflation rate took a dip to touch 4.0% in May 2023, marking the lowest since March 2021.

The most recent CPI report, for April 2023, showed prices up 4.9% over the prior 12 months, the lowest since April 2021, and below market forecasts of 5%.

The month of May was marked with the U.S. debt deal, AI euphoria and the return of information technology stocks.

Everyone is curious to know how the stock market will react to the debt ceiling deal announcement that happened over the weekend. Republicans and Democrats have reached an agreement, but we are yet to

XLY has bullish price action. AMZN has bullish price action.

The first-quarter earnings reporting cycle is nearing an end. Though investors' top focus remains on bottom line, top line probably tells you more about the inherent strength of a company.

The Consumer Discretionary Select Sector SPDR ETF NYSEARCA: XLY saw a price breakout over crucial resistance last week, signaling a potential shift in consumer sentiment that warrants investors' atten

Avery Sheffield, VantageRock, joins 'Closing Bell' to discuss her mostly cautious outlook on discretionary stocks.