For the week ending September 12, the S&P 500 Consumer Discretionary sector (NYSEARCA:XLY) saw a modest increase of 1.11%. However, this performance trailed the broader S&P 500, which rose by 1.37%. Despite the short-term gain, the sector has had a challenging year. Its 6.37% rise year-to-date is significantly behind the S&P 500’s gain of 11.95%.
Top S&P 500 consumer discretionary gainers:
Tesla (NASDAQ:TSLA) +12.85%
DoorDash (NASDAQ:DASH) +4.51% The European Commission approved DoorDash’s planned $3.9 billion takeover of Deliveroo.
Norwegian Cruise Line Holdings (NYSE:NCLH) +3.86%
Yum! Brands (NYSE:YUM) +3.40% YUM has appointed Ranjith Roy as the new chief financial officer, succeeding Chris Turner, who becomes CEO on October 1. Roy previously served as chief strategy officer and treasurer.
Expedia (NASDAQ:EXPE) +3.37%
Top S&P 500 consumer discretionary losers:
Chipotle Mexican Grill (NYSE:CMG) -5.92% Stifel analyst Chris O’Cull reduced Chipotle’s price target to $60 but maintains a Buy rating, after reviewing mobile data and franchisee talks.
MGM Resorts International (NYSE:MGM) -5.81%
Smurfit Westrock Plc (NYSE:SW) -5.63%
International Paper (NYSE:IP) -5.55%
Caesars Entertainment (NASDAQ:CZR) -4.75%
Notable Consumer Discretionary ETFs include: (NYSEARCA:XLY), (NYSEARCA:VCR), (NYSEARCA:FXD), (NYSEARCA:FDIS), (NYSEARCA:RSPD), and (NYSEARCA:RXI).