Price movement of S&P 500 indexes
On March 4, 2016, the S&P Consumer Staples slightly outperformed the S&P Consumer Discretionary and the S&P 500 as a whole. The indexes had respective returns of 0.48%, -0.03%, and 0.33%.
On the other hand, the S&P Consumer Discretionary stocks had a monthly return of 0.24%—much higher than the -0.41% and 0.06% from the S&P 500 and the S&P Consumer Staples, respectively.
The top-gaining stock as of March 4, 2016, was as follows:
- Under Armour (UA) rose by 1.1%.
In this series, we’ll look at the performances, price movements, and latest quarterly results for the above stocks.
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.
We’ll start with Cal-Maine Foods.