Fidelity MSCI Consumer Discretionary Index ETF
Tech & Comm Services
A Look at Comcast’s Strategy
Comcast’s (CMCSA) revenue grew 8% and 5% in 2016 and 9M17, respectively. The broadcast of the Rio Olympics in 3Q16 drove the 2016 numbers.
Company & Industry Overviews
Consumer ETFs Decline in the Face of the Fed’s Rate Hike Decision
During the week ending on December 11, the consumer sector saw notable declines, given fears that the Fed will hike the interest rate on December 16.
Consumer Discretionary ETFs Rose on Backdrop of Positive Earnings
The week ended December 4, 2015, saw consumer discretionary stocks rise on the backdrop of some positive earnings and macroeconomic releases.
Fund Flows Show Optimism in the Consumer Discretionary Sector
The SPDR S&P Retail ETF (XRT), which has exposure to around 100 US retail stocks, saw net inflows of $335.4 million over the week starting November 16, 2015.
Initial Jobless Claims Remained Steady: What Does It Mean?
The U.S. Department of Labor released its weekly statistics for initial jobless claims for the week ending November 7, 2015. They stayed the same at 276,000.
XRT ETF Fell as Earnings Disappointed
The XRT ETF fell by almost 6% in the last three months due to some weak macroeconomic indicators and disappointing earnings in the last quarter of 2015.
ICSC-Goldman Sachs Retail Chain Store Index Fell
The ICSC-Goldman Sachs Retail Chain Store Index showed a similar fall in comparable sales for US retailers. It fell by 0.20% for the week ending October 10.
Analyzing the Johnson Redbook Same-Store Sales Index
Redbook Research released its report for the week ending October 10, 2015. The same-store sales index rose 1.1% on a YoY basis. It fell by 0.20% last month.