Consumer Sector ETFs Advance After Amazon’s Strong Q2, Upbeat Outlook
August 01, 2022 at 18:21 PM EDT
Amazon.com Inc. (NasdaqGS: AMZN) shares rallied Friday, lifting consumer discretionary sector-related exchange traded funds after the e-commerce giant’s second-quarter results beat expectations and offered a positive outlook. On Friday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) rose 3.7%, the Vanguard Consumer Discretionary (NYSEArca: VCR) gained 3.6%, and the Fidelity MSCI Consumer Discretionary Index (NYSEArca: [...] The post Consumer Sector ETFs Advance After Amazon’s Strong Q2, Upbeat Outlook appeared first on ETF Trends .
