Price movement of S&P 500 indexes
On March 16, 2016, the S&P Consumer Discretionary slightly outperformed the S&P Consumer Staples and the S&P 500 as a whole. The indexes had respective returns of 0.73%, 0.18%, and 0.56%.
Along those same lines, the S&P Consumer Discretionary stocks have a monthly return of 0.24%. This is much higher than the -0.41% and 0.06% from the S&P 500 and the S&P Consumer Staples, respectively.
Top losers on March 16
The top-losing stocks as of March 16, 2016, were as follows:
Top gainers on March 16
The top-gaining stocks as of March 16, 2016, were as follows:
- Kellogg Company (K) rose by 0.72% with the “neutral” rating from Goldman Sachs.
- Flowers Foods (FLO) rose by 0.72%.
In this series, we’ll look at the above stocks’ performances, price movements, and latest quarterly results.
The Consumer Staples Select Sector SPDR Fund (XLP) tracks a market-cap-weighted index of consumer staples stocks drawn from the S&P 500. XLP is the ETF of consumer goods.
In the next part, we’ll discuss Fossil Group.