The MarketReader Minute
🛒 Tesla Tumbles Amid Profit Concerns, Mattel Soars, Rivian Slides on Legal Woes, LVMH Falls, Amazon Drops Despite Cloud Optimism | Retail Sector Insights
Amazon's expansion into Japan's pharmacy market and McDonald's price target reduction by UBS analyst Dennis Geiger were key factors influencing the ETF's performance. The S&P 500 Index also dropped by -1.56%, potentially aligning with XLY's decline.