State Street Consumer Discretionary Select Sector SPDR ETF (XLY) saw an approximate $376.8 million outflow in week-over-week shares outstanding changes. The move points to softer positioning in consumer discretionary exposure and a cautious tone toward the sector. This is flow-based rather than fundamental news, so the likely market impact is limited.
State Street Consumer Discretionary Select Sector SPDR ETF (XLY) saw an approximate $376.8 million outflow in week-over-week shares outstanding changes. The move points to softer positioning in consumer discretionary exposure and a cautious tone toward the sector. This is flow-based rather than fundamental news, so the likely market impact is limited.
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mildly negative
Sentiment Score
-0.15
