Goods Comeback Trade: Why XLY Is the Sleeper ETF of Q3 2026
Source: Benzinga ยท 2026-07-14
The broader market has pushed higher as enthusiasm for artificial intelligence has lifted spirits. Yet the Consumer Discretionary Select Sector SPDR Fund has quietly lagged.
According to Morgan Stanley, that weakness may now be a setup. The bank is flagging a substantial institutional rotation out of crowded technology and semiconductor trades and into beaten-down cyclicals. The catalyst is structural: as the post-COVID ... [1891 chars]