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XLY News30 articles
2027 Social Security COLA Forecast: 3.8% Hike Could Boost Payments by $63B
A projected 3.8% Social Security COLA for 2027 could add $63 billion to annual payments, boosting retirees' spending power, though final rate awaits inflation data.
30-Year Treasury Yield Surges to 19-Year High as Fed Holds Rates Steady
The 30-year Treasury yield hit a 19-year high of 5.247% after the Fed held rates steady, with real yields leading a sixth straight weekly gain.
Auxly Cannabis Shares Jump After 14-for-1 Reverse Split, Valued at C$263M
Auxly Cannabis shares climbed 3.2% on its first day after a 14-for-1 reverse stock split, giving the company an implied valuation of about C$263 million.
Chipotle Stock Sheds $1.8 Billion as Outbreak Fallout Continues
Chipotle shares tumbled 4.1%, erasing $1.8 billion in market cap as the company grapples with the lingering impact of a recent outbreak. Foot traffic fell 6.9%.
Consumer Sentiment Dips to 2023 Low, Yet Retail Sales Hold Steady
Economic pessimism among Americans reached 61% in July, the highest since December 2023, yet June retail sales grew 6.7% year-over-year, with consumer staples leading market gains.
Levi Strauss Stock Dips After Earnings Beat, Tariff Concerns Loom
Levi Strauss shares slipped after-hours despite topping Q2 estimates and raising its full-year guidance, as investors focused on tariff exposure and uneven demand.
Nike Stock Rally Tempered by Tariff-Driven Margin Concerns
Nike shares jumped 8.2% in a holiday-shortened week, but Q4 earnings show gross margin improvement was driven almost entirely by a $986 million tariff recovery, with core business trends remaining mixed.
Avis Budget Stock Surges 11% on $650M Settlement Details
Avis Budget Group shares surged 11.3% after a filing revealed a $650 million settlement with Pentwater, boosting market cap by nearly $585 million.
Ford Stock Falls as F-Series Supply Piles Up Ahead of Key H2 Test
Ford Motor (F) dropped 2.4% after reporting a 10.3% decline in Q2 U.S. sales, with F-Series inventory piling up to 88 days' supply, raising concerns over potential price cuts.
Nike Shares Edge Up as Tariff Gains Offset Earnings Dip
Nike (NKE) gained 0.9% after Q4 earnings beat estimates, driven by a tariff-recovery benefit, but a 26% rise in receivables and flat revenue raised demand concerns.
Ford Stock Slips Despite Quality Gains as Recall Woes Persist
Ford Motor Company (NYSE:F) stock declined 0.7% to $14.02, underperforming the broader market, despite a 21% improvement in J.D. Power initial quality scores. The company continues to lead the industry with 51 recalls in 2026.
S&P 500 at High Valuations Stirs Crash Fears Amid Mixed Signals
The S&P 500's high valuation and mixed historical signals have sparked talk of a potential 2026 stock market crash, with AI-driven profits under pressure from rising rates.
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
JB Hi-Fi Soars on Strong Earnings and Dividend Boost
JB Hi-Fi shares jumped 8.1% following robust first-half results, with sales rising 7.3% to A$6.10 billion and profit up 7.1%. The retailer also raised its interim dividend and payout ratio target.
Home Depot Eyes $391 as Packed Week Brings Fed Minutes, Inflation Data
Home Depot shares edged higher to $391.05 Friday. Markets face a compressed week with critical Fed minutes and economic data ahead of the retailer's quarterly report.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.
Gap Shares Retreat as Strong Jobs Data Clouds Rate Cut Outlook
Gap stock closed lower after a robust U.S. jobs report tempered expectations for near-term Federal Reserve rate cuts, with investors shifting focus to upcoming inflation data.
McDonald's Shares Dip Pre-Earnings Amid Focus on Consumer Trends, Costs
McDonald's stock declined slightly ahead of its quarterly results, with investors assessing consumer resilience and rising beef costs. Options markets anticipate a 3% price swing.
SAVE Loan Program Exit to Shift $9 Billion Annually from Consumers
The end of the SAVE student loan program will redirect $9 billion annually in consumer funds as 7.5 million borrowers restart payments. Nelnet, Sallie Mae, and SoFi are key players.
Consumer Spending Surge Drives Retail Stocks Ahead of S&P 500
U.S. retail sales increased 0.2% in June, with core spending up 0.7%. Retail stocks outpaced the S&P 500, signaling resilient consumer demand.
Experian Shares Dip as B2B Drives 92% of Q1 Growth, Consumer Weakens
Experian posted 7% organic revenue growth in Q1, but North American Consumer Services shrank 2%. B2B drove 92% of implied growth, up from 78% last year. Shares fell 2.1%.
Consumer Spending Shift Creates Opportunities for NEXT and Eagers Automotive
Changing consumer behavior tied to cultural shifts is boosting NEXT and Eagers Automotive, offering new investment opportunities beyond niche faith-linked stocks.
Sam's Club Rotisserie Chicken Tops Consumer Reports, Challenging Costco's Iconic $5 Deal
Sam's Club has been named the top pick for rotisserie chicken by Consumer Reports, edging out Costco on price and taste, as Walmart's club segment posts strong Q1 results.
May PCE Inflation Hits 4.1%, Consumer Demand Weakens, Fed Under Pressure
US PCE inflation rose 4.1% in May, the highest since April 2023, as consumer spending gains were driven by higher prices. Real spending grew only 0.3%, signaling weakening demand.
BofA CEO: Consumers Shift to Bargain Hunting Amid Inflation Squeeze
Bank of America card spending grew 5.1% YoY in May, fastest in nearly four years, but CEO Brian Moynihan warns consumers are trading down on purchases like pet food as inflation outpaces wage growth.
Consumers Energy Seeks $456M Annual Rate Hike, Citing Grid Upgrades
Consumers Energy has filed for a $456 million annual rate hike that could boost residential bills by 9.8%, drawing criticism from Michigan's attorney general and consumer advocates.
Amazon Stock Dips 3% as Early Prime Day Tests Consumer Spending
Amazon shares dropped 3.2% as the June 23-26 Prime Day, moved from July, becomes a key gauge of consumer demand amid inflation and rising competition.
Costco's Strong Sales Signal Resilient US Consumer Spending
Costco's Q3 net sales rose 11.6% to $69.15B, beating expectations, as US shoppers prioritize value. Digital sales surged 21.5% and memberships grew 4.1%.
Walmart Maintains $140 Target Despite Consumer Caution
Walmart shares fell 1.1% to $118.91 after Q1 revenue rose 7.3% to $177.8B. Analysts maintain $140 targets but flag consumer caution and potential inflation.
Chewy Stock Tumbles as CEO Cites Worsening Consumer Strain
Chewy shares dropped 9.1% Tuesday after CEO Sumit Singh said U.S. consumers are more financially strained than earlier this year, pushing the stock near its 52-week low.