Discretionary

Stock Market Soars On Lower Inflation Rate, Led By Nasdaq, Consumer Discretionary, Tech Stocks

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The stock market soared Thursday, led by the Nasdaq, after inflation came in at a lower-than-expected annual rate of 7.7%. Consumer discretionary and technology stocks led the charge. Amazon (AMZN), up more than 8%, and Apple (AAPL), up 5%, were among the blue chip stocks that shot up. X The Nasdaq composite jumped 5.7%. The … Read more

Casino and cruise stocks lead declines in down day for consumer discretionary stocks

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Zolnierek Casino and cruise line stocks were among the biggest losers in the S&P amid a pullback for consumer discretionary stocks. A pullback in consumer-facing stocks on Wednesday followed a slightly soft U.S. retail sales report, which was flat from the previous month, coming up slightly short of estimates. Claire Tassin, retail and e-commerce analyst … Read more