Max Chen / ETF Trends
Consumer Discretionary ETFs Rally on Amazon’s Q4 Surprise – Amazon.com (NasdaqGS: AMZN) shares surged in response to a surprisingly upbeat fourth quarter earnings report, lifting consumer discretionary sector-related exchange traded funds. On Friday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) rose 3.4%, theVanguard Consumer Discretionary (NYSEArca: VCR)gained 3.3%, and theFidelity MSCI Consumer Discretionary Index (NYSEArca: FDIS) was up …
