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September 01, 2020 10:18am
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Consumer Discretionary ETFs Rally on Amazon’s Q4 Surprise

Amazon.com (NasdaqGS: AMZN) shares surged in response to a surprisingly upbeat fourth quarter earnings report, lifting consumer discretionary sector-related exchange traded funds. On Friday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) rose 3.4%, the Vanguard Consumer Discretionary...
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