The Latest Breaking News from XLP

There’s a large camp among Wall Street analysts that assumes when the technology and other growth sectors plunge, the safety trade is in consumer staples. Here's why that might be changing.

Options volatility and volume are riding high amid spiking oil prices. While ETFs other than S&P 500-related ones don’t seem to get much love from options investors, three hot market themes have made these ETFs unusually active.

The Consumer Staples Select Sector SPDR Fund (NYSE: XLP) is beginning to gain notable momentum after breaking above key moving averages and prior resistance.

Brown-Forman has underperformed the consumer defensive sector over the past year, and analysts remain cautious about the stock’s prospects.

The odds of a recession is rising amid the relentless inflation and the Fed’s hawkish stance on it. Market uncertainties are widespread, and investors must exercise extreme caution at this hour. We think quality ETFs Consumer Staples Select Sector (XLP), Invesco Preferred (PGX), and Vanguard Utilities Index (VPU) could be…

Goldman Sachs economists slashed U.S. growth forecasts and warned of potential recession risks earlier this month, citing uncertainty surrounding the Federal Reserve’s tighter monetary policy to fight 40-year high inflation. In navigating growing economic risks, defensive ETFs like Fidelity MSCI Utilities (FUTY), GraniteShares Gold (BAR), and Consumer Staples Select (XLP)…