Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers

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Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers

Bloomberg2022-07-30

Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...

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Gee1
·2022-08-01
great
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Vincent1968
·2022-08-01
Okie
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Wck
·2022-07-31
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FannyGoh
·2022-07-31
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MoLoto
·2022-07-31
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Vincent1968
·2022-07-31
Follow
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Gladys8jk
·2022-07-31
Ok
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Bunifa Latif
·2022-07-31
Yes
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Kiki19
·2022-07-31
Please like
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ty91
·2022-07-31
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Mindthink
·2022-07-31
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phantom74
·2022-07-31
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jiunnnnn
·2022-07-30
ok👌
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·2022-07-30
Ok. Thx
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·2022-07-30
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WilliamFish
·2022-07-30
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·2022-07-30
Pls like
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·2022-07-30
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Williamw
·2022-07-30
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·2022-07-30
read
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BBY","symbol_name":"百思买","start_time":0,"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","article_id":"2255598743","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","pubTimestamp":1659144960,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BBY":"百思买","XLY":"消费品指数ETF-SPDR可选消费品","WMT":"沃尔玛"},"translate_title":"最大的可自由支配ETF受到注重成本的消费者的提振","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BBY":0.9,"WMT":0.9,"XLY":0.9},"content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9908934786,"gmtCreate":1659311551845,"gmtModify":1676536284014,"author":{"id":"3555136548043615","authorId":"3555136548043615","name":"Gee1","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0,"idStr":"3555136548043615","authorIdStr":"3555136548043615"},"htmlText":"great","listText":"great","text":"great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908934786","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9908078252,"gmtCreate":1659309335677,"gmtModify":1676536282992,"author":{"id":"3586393315819735","authorId":"3586393315819735","name":"Vincent1968","avatar":"https://community-static.tradeup.com/news/7f106edb1e06baf3c68462c050422f46","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586393315819735","authorIdStr":"3586393315819735"},"htmlText":"Okie&nbsp;","listText":"Okie&nbsp;","text":"Okie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908078252","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901529490,"gmtCreate":1659234695210,"gmtModify":1676536275137,"author":{"id":"4088385148147150","authorId":"4088385148147150","name":"Wck","avatar":"https://static.tigerbbs.com/7d42c5a5c81bfb4a9525c37169d1f6fc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4088385148147150","authorIdStr":"4088385148147150"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901529490","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901513169,"gmtCreate":1659232042151,"gmtModify":1676536274467,"author":{"id":"4087388543954520","authorId":"4087388543954520","name":"FannyGoh","avatar":"https://static.tigerbbs.com/8238721d3b0a0d7c1baec8931e3c3a19","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4087388543954520","authorIdStr":"4087388543954520"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901513169","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901598012,"gmtCreate":1659230741436,"gmtModify":1676536273992,"author":{"id":"3565513274158003","authorId":"3565513274158003","name":"MoLoto","avatar":"https://community-static.tradeup.com/news/88a7b794ec56f5c91340ca1e148333bc","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3565513274158003","authorIdStr":"3565513274158003"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901598012","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901265105,"gmtCreate":1659226520807,"gmtModify":1676536272657,"author":{"id":"3586393315819735","authorId":"3586393315819735","name":"Vincent1968","avatar":"https://community-static.tradeup.com/news/7f106edb1e06baf3c68462c050422f46","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586393315819735","authorIdStr":"3586393315819735"},"htmlText":"Follow&nbsp;","listText":"Follow&nbsp;","text":"Follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901265105","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901283592,"gmtCreate":1659224273116,"gmtModify":1676536272268,"author":{"id":"4094787128284850","authorId":"4094787128284850","name":"Gladys8jk","avatar":"https://static.tigerbbs.com/789bbf473867763cd44be080e269826d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4094787128284850","authorIdStr":"4094787128284850"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901283592","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901211373,"gmtCreate":1659222914892,"gmtModify":1676536272060,"author":{"id":"4101144485256300","authorId":"4101144485256300","name":"Bunifa Latif","avatar":"https://static.tigerbbs.com/26345dcc52c7fb5e31b8214c4b0f3b11","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":0,"idStr":"4101144485256300","authorIdStr":"4101144485256300"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901211373","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901211041,"gmtCreate":1659222880083,"gmtModify":1676536272052,"author":{"id":"4097387260130260","authorId":"4097387260130260","name":"Kiki19","avatar":"https://static.itradeup.com/news/1330ce44324f235bf8d1fd1b32e7b559","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4097387260130260","authorIdStr":"4097387260130260"},"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901211041","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901213516,"gmtCreate":1659222846435,"gmtModify":1676536272044,"author":{"id":"3579421475844844","authorId":"3579421475844844","name":"ty91","avatar":"https://static.tigerbbs.com/6d9451c5894d6ca0b4485bad0568f720","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3579421475844844","authorIdStr":"3579421475844844"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901213516","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901231991,"gmtCreate":1659221210514,"gmtModify":1676536271820,"author":{"id":"4102837759709900","authorId":"4102837759709900","name":"Mindthink","avatar":"https://community-static.tradeup.com/news/89b965229f7209196369426d161728ee","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4102837759709900","authorIdStr":"4102837759709900"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901231991","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901233949,"gmtCreate":1659221130881,"gmtModify":1676536271836,"author":{"id":"3570342809089528","authorId":"3570342809089528","name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3570342809089528","authorIdStr":"3570342809089528"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901233949","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901680157,"gmtCreate":1659186929279,"gmtModify":1676536269861,"author":{"id":"4088132666965010","authorId":"4088132666965010","name":"jiunnnnn","avatar":"https://community-static.tradeup.com/news/24f28c4d762ae6f62b32956f1633ebdf","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4088132666965010","authorIdStr":"4088132666965010"},"htmlText":"ok👌","listText":"ok👌","text":"ok👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901680157","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901633247,"gmtCreate":1659180673589,"gmtModify":1676536269442,"author":{"id":"3572016423421827","authorId":"3572016423421827","name":"WendyHing","avatar":"https://static.tigerbbs.com/a92616e9e12b99a0ef76bef3a5b1dd9f","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"3572016423421827","authorIdStr":"3572016423421827"},"htmlText":"Ok. Thx","listText":"Ok. Thx","text":"Ok. Thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901633247","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901639633,"gmtCreate":1659180341523,"gmtModify":1676536269419,"author":{"id":"3582538202393061","authorId":"3582538202393061","name":"Zivcheah","avatar":"https://static.tigerbbs.com/d52882be9b594ebb5b5933851792d286","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582538202393061","authorIdStr":"3582538202393061"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901639633","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901630428,"gmtCreate":1659180151364,"gmtModify":1676536269473,"author":{"id":"3584440700668924","authorId":"3584440700668924","name":"WilliamFish","avatar":"https://static.itradeup.com/news/78ded0486115bfde72a2c4335fa410ff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584440700668924","authorIdStr":"3584440700668924"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901630428","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901805500,"gmtCreate":1659154144600,"gmtModify":1676536266607,"author":{"id":"3564660171292335","authorId":"3564660171292335","name":"Jinhao94","avatar":"https://static.tigerbbs.com/acdaf2c50efc732ad49148e15b3d4a6a","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3564660171292335","authorIdStr":"3564660171292335"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901805500","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901143320,"gmtCreate":1659150554660,"gmtModify":1676536265916,"author":{"id":"4098445225447010","authorId":"4098445225447010","name":"Ah Deck","avatar":"https://static.tigerbbs.com/0e52eb1e14e0f630d24f1687ea546cd8","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4098445225447010","authorIdStr":"4098445225447010"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901143320","repostId":2255598743,"repostType":2,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901117317,"gmtCreate":1659146675739,"gmtModify":1676536264832,"author":{"id":"3572240910775763","authorId":"3572240910775763","name":"Williamw","avatar":"https://static.tigerbbs.com/ecafced5a6c16b176940098e09cf69b6","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3572240910775763","authorIdStr":"3572240910775763"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901117317","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9901117978,"gmtCreate":1659146672794,"gmtModify":1676536264832,"author":{"id":"3581849551321020","authorId":"3581849551321020","name":"Mich77","avatar":"https://static.tigerbbs.com/e68e0beedd6e067e59c605653c639699","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581849551321020","authorIdStr":"3581849551321020"},"htmlText":"read","listText":"read","text":"read","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901117978","repostId":2255598743,"repostType":4,"repost":{"id":"2255598743","pubTimestamp":1659144960,"share":"https://ttm.financial/m/news/2255598743?lang=&edition=fundamental","pubTime":"2022-07-30 09:36","market":"us","language":"en","title":"Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers","url":"https://stock-news.laohu8.com/highlight/detail?id=2255598743","media":"Bloomberg","summary":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tra","content":"<html><head></head><body><p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.</p><p>The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&amp;P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&amp;P 500 eked out a gain of 0.7% since June 1.</p><p>The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&amp;P 500 Consumer Discretionary Sector Index is down 21% this year.</p><p>Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.</p><p>“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”</p><p>While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.</p><p>But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.</p><p>“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.</p><p>A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.</p><p>“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biggest Discretionary ETF Gets Lift by Cost-Conscious Consumers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiggest Discretionary ETF Gets Lift by Cost-Conscious Consumers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select ...</p>\n\n<a href=\"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛","XLY":"消费品指数ETF-SPDR可选消费品","BBY":"百思买"},"source_url":"https://finance.yahoo.com/news/biggest-discretionary-etf-gets-lift-193036745.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255598743","content_text":"Fears of a recession and skyrocketing inflation aren’t reflected in an exchange-traded fund that tracks companies that provide non-essential goods.The $15.2 billion Consumer Discretionary Select Sector SPDR Fund (ticker XLY), the largest US-listed consumer discretionary fund by market value, is performing much better than the S&P 500 Index since the start of June, according to Bloomberg data. In the last two months, XLY has climbed 6.6%, which includes a 18% rebound from a June 14 low. Meanwhile, the S&P 500 eked out a gain of 0.7% since June 1.The recent selloff in consumer-discretionary stocks has put the sector on sale, positioning it to outperform the broader market, Morgan Stanley’s Andrew Slimmon told Bloomberg this week. The S&P 500 Consumer Discretionary Sector Index is down 21% this year.Meanwhile, consumers are seeing wage gains, with the Labor Department’s employment cost index, a broad gauge of wages and benefits, jumping 1.3% in the second quarter from the prior three months, beating economists’ estimates of 1.2%.“Broadly speaking the retail consumer has been resilient, but the big shift here though, and this is what’s gotten so many goods sellers off guard, is we’re seeing a normalization of consumption patterns,” said Art Hogan, chief market strategist at B. Riley Wealth. “We’re going back to consuming more services than goods.”While big-box retailers Walmart Inc., Target Corp. and Best Buy Co. just cut profit forecasts in their recent earnings reports, citing stockpiles of merchandise that consumers are not purchasing, Amazon.com Inc. bucked that trend Thursday when it reported second-quarter revenue that beat estimates and predicted sales would rise 17% in the current quarter. Amazon is XLY’s largest holding in terms of percentage weight at 23%.But the pressure is on. Retailers face dwindling profit margins as massive inventory buildups reflect a consumer who is getting squeezed by inflation. According to Bloomberg Intelligence, retailer margins are already projected to reach their lowest second-quarter level since 2010 -- excluding 2020 -- and month-over-month inventory growth has consistently outpaced that of sales for the past four months.“Retailing has some of the lowest revenue per employee as an industry group, meaning they are one of the most labor intensive industries, and they are likely struggling significantly as labor costs go up,” said Gillian Wolff, senior associate analyst at BI.A number of retailers that make up XLY’s 59 holdings report second-quarter earnings next week. They include Starbucks Corp., EBay Inc. Marriott International Inc., Booking Holdings Inc. and MGM Resorts International. The reports will shed more light on spending and margins. Hilton Worldwide Holdings Inc., a part of XLY, reported quarterly earnings that beat analyst estimates and raised its full-year projections.“Amazon was a revenue beat and they raised guidance for 3Q, whereas Walmart suggested that customers were substituting away from big-ticket items in favor of staples, which was going to hurt them,” said Michael Casper, an equity strategist with BI. “Most of the retailers are still yet to report though, so we’ll get a better read on some of this in a few weeks.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":272,"commentSize":20,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}