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Benzinga
Benzinga
Business
Surbhi Jain

Holiday Momentum Pushes Retail, Leisure Stocks Past S&P 500 – Tesla, Garmin, Tapestry Stand Out

As the holiday shopping season begins to ramp up, the Consumer Discretionary sector is making waves. It is outperforming the broader S&P 500 Index. The sector posted an impressive 11.02% gain in November, significantly outpacing the S&P 500’s 3.42% increase.

The Consumer Discretionary Select Sector SPDR ETF (NYSE:XLY) serves as a barometer of companies in the consumer discretionary sector in the U.S. The S&P 500 Index, which tracks the board market, is mostly widely tracked by the SPDR S&P 500 ETF (NYSE:SPY), the iShares Core S&P 500 ETF (NYSE:IVV), and the Vanguard S&P 500 ETF (NYSE:VOO).

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