The S&P 500 Consumer Discretionary sector (NYSEARCA:XLY) finished the week ending October 3 down 1.20%, compared to the S&P 500’s 0.82% gain. However, the sector’s 6.02% year-to-date gain is substantially less than the S&P 500’s overall 14.18% return.
Top S&P 500 consumer discretionary gainers:
Ford (NYSE:F) +5.50% after a report indicated President Trump is weighing “significant” tariff relief for U.S. assembly. Ford Q3 vehicle sales increased 8.2% to 545,522, EV sales climb 30.2%.
Tapestry (NYSE:TPR) +5.38%
PulteGroup (NYSE:PHM) +4.93%
D.R. Horton (NYSE:DHI) +4.64%
Chipotle Mexican Grill (NYSE:CMG) +4.19%
Top S&P 500 consumer discretionary losers:
Carnival Corporation (NYSE:CCL) -6.69% despite delivered another strong quarter, topping Wall Street’s estimates on both revenue and earnings, and lifted its full-year outlook for the third time on robust booking trends. It has priced its private offering of $1.25 billion aggregate principal amounts of 5.125% senior unsecured notes due 2029.
Las Vegas Sands (NYSE:LVS) -5.63%, MGM Resorts (NYSE:MGM) -4.69%, and Wynn Resorts (NASDAQ:WYNN) -4.12% Macau-related casino stocks dropped as gross gaming revenue rose 6% year-over-year in September to 18.3 billion patacas, missing the expected 9% growth and 17% below 2019 levels. Super Typhoon Ragasa caused casino closures and reduced tourism.
Lowe’s Companies (NYSE:LOW) -4.19% as the stock was downgraded from Hold to Sell due to high valuation, a paused buyback program, and increased risk from new construction acquisitions.
Notable Consumer Discretionary ETFs include: (NYSEARCA:XLY), (NYSEARCA:VCR), (NYSEARCA:FXD), (NYSEARCA:FDIS), (NYSEARCA:RSPD), and (NYSEARCA:RXI).
More on The Consumer Discretionary Select Sector SPDR® Fund ETF
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- XLY: An ETF That Tracks Consumer Strength And Weakness
- XLY: Economic Growth And Rate Cuts Are Likely To Back Consumer Discretionary Sector
- Consumer Discretionary sector jumps 9.8% in Q3; Tesla takes lead, Carmax bottoms
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