News
XLP
76.36
+0.13%
0.10
Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull: Corporate Profits By Major Industry
Home Market Outlook Economy Analysis Resurging Corporate Profits Show Inflationary Pressures Are Reheating After Lull. Corporate pre-tax profits in all non-financial domestic industries combined jumped by 5.6% in Q4 from Q3. The spike in profitability in inflationary times is a sign that companies hiked prices much faster than their costs.
Seeking Alpha · 4h ago
S&P 500 delivers best Q1 in five years, driven by rate cut bets and megacap gains
S&P 500 delivers best Q1 in five years, driven by rate cut bets and megacap gains. The S&p 500 (SP500) on Thursday advanced 10.16% for Q1 2024 to end at 5,254.35 points. The benchmark index notched its best first quarter performance since Q1 2019. The Federal Reserve is expected to announce interest rate cuts in 2024.
Seeking Alpha · 16h ago
NXST, GNTX, and COKE among the best mid-cap technical ideas - Roth MKM
NXST, GNTX, and COKE among the best mid-cap technical ideas - Roth MKM. The strongest performing stocks came from the industrial sector. Since late January, the S&P 400 has returned 7.5% and utilities and staples are the best performing sectors.
Seeking Alpha · 21h ago
Consumer Sector Update for 03/28/2024: ATAT, HD, MLKN, XLP, XLY
NASDAQ · 1d ago
Predictions of a Steady Fed & Pullback? ETFs Capturing Attention
NASDAQ · 1d ago
Consumer Sector Update for 03/27/2024: GME, STKS, ISPR, XLP, XLY
NASDAQ · 2d ago
Cons Disc distribution & retail has the highest dispersion among S&P groups - MS
Consumer discretionary distribution & retail has the highest dispersion among S&P groups. Morgan Stanley analysts monitored the dispersion metrics of the S&p 500 and its sectors and subsectors. Dispersion measures the range of returns for a group, Morgan Stanley says. High dispersion present in auto and household, lower in utilities and energy.
Seeking Alpha · 2d ago
Walmart: A Premium P/E On This Discount Retailer
A mixed February Retail Sales report highlights potential weakness among US consumers. Walmart continues to execute well with rising earnings and industry-leading positioning. The company is the world's largest retailer and is a safe Staples stock with a premium P/E. But with a high earnings multiple, shares of Walmart do not come cheap. Walmart's technical situation is strong with potential for higher prices ahead.
Seeking Alpha · 3d ago
Cyclical sectors have outperformed last week; all defensive sectors underperformed - Oppenheimer
Cyclical sectors have outperformed last week; all defensive sectors underperformed. The S&P 500 is up 2.3% since last week with almost all but one sector -- real estate -- advancing. The index is up 9.7% year-to-date.
Seeking Alpha · 3d ago
Consumer Sector Update for 03/25/2024: MCD, DIS, XLP, XLY
NASDAQ · 4d ago
Weekly Report: what happened at XLP last week (0318-0322)?
Weekly Report · 4d ago
S&P 500 soars to best week of 2024 after Fed reignites Wall Street rally
S&P 500 soars to best week of 2024 after Fed reignites Wall Street rally. The benchmark index advanced 2.29% for the week to end at 5,234.18 points. This week's gains were driven by the latest Federal Reserve monetary policy decision and updated dot plot. The Dow and the Nasdaq Composite also posted their best weeks of the year.
Seeking Alpha · 6d ago
Consumer Sector Update for 03/22/2024: LULU, NKE, BROS, XLP, XLY
NASDAQ · 03/22 13:11
Notable ETF Inflow Detected - XLP, KO, MO, TGT
NASDAQ · 03/21 14:50
Consumer Sector Update for 03/21/2024: FIVE, GES, ASO, XLP, XLY
NASDAQ · 03/21 13:17
Should You Invest in the iShares U.S. Consumer Staples ETF (IYK)?
NASDAQ · 03/21 10:20
Financials had the biggest net buying last week since August 2021 - BofA
Financials had the biggest net buying last week since August 2021 - BofA Securities Equity Client Flow Trends report. Clients bought stocks in six of the 11 sectors. Technology, media, and telecom also leading. Financials saw $1.06B of inflows last week.
Seeking Alpha · 03/20 19:02
Consumer Sector Update for 03/20/2024: SIG, GIS, CMG, XLP, XLY
NASDAQ · 03/20 13:12
Fund managers risk appetite at 2-year high, but 40% see an AI bubble
Tech Consumer Fund managers risk appetite at 2-year high, but 40% see an AI bubble. BofA's March Global Fund Manager Survey shows respondents are betting on risk assets, especially equities. Risk appetite rose to its highest level since November 2021. Long Magnificent 7 retained the top spot as most crowded trade.
Seeking Alpha · 03/20 11:44
General Mills' Stock Jumps Toward A 7-Month High After Profit And Sales Beat Expectations, Outlook Affirmed -- MarketWatch
Shares of General Mills Inc. Jumped 3.2% to a seven-month high in premarket trading. The consumer-foods company reported fiscal third-quarter profit that rose above expectations. Sales slipped 0.5% to $5.10 billion. The stock has gained 5.4% year to date.
MarketWatch · 03/20 11:13
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