Consumer Discretionary Select Sector SPDR Fund (XLY)
After hours:
| Previous close | 160.13 |
| Open | 162.46 |
| Bid | 160.90 x 1800 |
| Ask | 161.41 x 800 |
| Day's range | 160.09 - 163.08 |
| 52-week range | 126.00 - 177.80 |
| Volume | |
| Avg. volume | 4,659,165 |
| Net assets | 17.58B |
| NAV | 160.11 |
| PE ratio (TTM) | 25.13 |
| Yield | 0.86% |
| YTD daily total return | 24.83% |
| Beta (5Y monthly) | 1.16 |
| Expense ratio (net) | 0.10% |
| Inception date | 1998-12-16 |
- Yahoo Finance Video
These could be the biggest headwinds for consumer stocks
Writing in a strategist note, Morgan Stanley CIO Mike Wilson believes a multitude of factors, including "slowing consumer spend" and student loan repayments, are presenting risks for consumer-facing stocks. This leads Wilson's team to advise investors to avoid early cycle winners. Yahoo Finance's Seana Smith and Brad Smith analyze how consumer discretionary stocks could be expected to react to these forecasts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Should investors be cautious or optimistic of market trends?
Consumer discretionary stocks (XLY) maintain year-to-date gains of over 20%. However, amid challenges stemming from rising oil prices and housing market pressures, investors are expressing caution for the upcoming months. "The market is at a super compelling moment," Dylan Ratigan, host of TastyTrade's Truth or Skepticism, says. "It's like a tight rubber band with equal pressure at both ends." Yahoo Finance Live's Seana Smith and Brad Smith sit down with Ratigan to explore whether investors should approach the current market condition with optimism or caution. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Yahoo FinanceNike and other retail stocks downgraded as Jefferies warns of spending slowdown
As student loan payments return, Jefferies warned stores like Nike and Foot Locker could see a slowdown as consumers curtail spending.
