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Market Impact: 0.2

XLY, MCD, TJX, SBUX: Large Outflows Detected at ETF

Source: Nasdaq

Market Technicals & FlowsConsumer Demand & Retail

State Street’s Consumer Discretionary Select Sector SPDR ETF (XLY) recorded an estimated $423.6 million week-over-week outflow. The withdrawal signals reduced investor allocation to the consumer-discretionary sector, though the report provides no underlying fundamental catalyst or broader market implications.

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