• S&P 500 Consumer Discretionary stocks have surged higher following the US election.
  • The Discretionary verse Staples spread is the widest since November 2021
  • Tesla is the top performing in the discretionary index,  jumping 9% on Monday and up 44% over the past 5 trading sessions, with travel/holiday stocks also performing well. 

Chart. S&P 500 Consumer Discretionary vs Staples Stocks

content_image

EQUITIES: Consumer Discretionary Stocks Outperform Staples

Last updated at:Nov-12 04:32By: Sam Hunter
Stocks
  • S&P 500 Consumer Discretionary stocks have surged higher following the US election.
  • The Discretionary verse Staples spread is the widest since November 2021
  • Tesla is the top performing in the discretionary index,  jumping 9% on Monday and up 44% over the past 5 trading sessions, with travel/holiday stocks also performing well. 

Chart. S&P 500 Consumer Discretionary vs Staples Stocks

content_image