- 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
