Consumer Discretionary Select Sector SPDR Fund – Charm

Will the stock market get ‘Octoberphobia’ this year?

The usual flag carriers of the AI boom push S&P 500 to new highs

(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. ) Another clockwork bid to erase the minor index dip from yesterday , with the usual flag carriers of the AI-buildout boom doing the work while stocks closer to the here-and-now consumer remain sluggish. Put Tuesday’s wobble in semiconductor stocks…

Stocks keep rising to records, but something’s wrong with the consumer

Cs news9 months ago9 months ago04 mins

Consumer stocks have been conspicuously absent from the market’s latest move to record highs. The S & P 500 is up 0.4% in October alone and touched a new intraday all-time high on Tuesday. But the consumer discretionary sector, as measured by the XLY ETF , isn’t doing as well. The XLY is down nearly…