The MarketReader Minute
🛒 Petco Rises, GameStop Struggles, While Rivian, Lucid, and Modine Shine with Bold Plans | Retail Sector Insights
The Consumer Discretionary Select Sector SPDR Fund (XLY) has declined by 1.3% since Tuesday. Key contributors to this movement include Tesla, which dropped significantly amid rising competition in the electric vehicle sector, particularly from Lucid Group and Kia.