Weekly leaders and laggards in the S&P 500 consumer discretionary sector: Williams-Sonoma tops the gainers; Lululemon Athletica suffers the most losses

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The S&P 500 Consumer Discretionary sector (NYSEARCA: XLY) experienced a 2.22% rise for the week ending September 5, outperforming the broader market. This weekly increase is higher than the S&P 500's weekly increase of 1.03%. However, the sector's year-to-date rise of 4.80% significantly trails the S&P 500's gain of 10.20%.

Notable contributors to the weak performance of the S&P 500 Consumer Discretionary sector over the last year include companies like Amazon, Tesla, and Netflix, which faced challenges such as slowing demand, increased competition, and market volatility.

In contrast, the S&P 500 Consumer Staples sector (NYSEARCA: XLP) increased by 0.31% for the same week, but its year-to-date rise of 7.18% lags behind the S&P 500's gain. The sector's year-to-date rise significantly lags behind the S&P 500's gain, despite underperforming for the week ending September 5.

For the week ending September 5, the S&P 500 Consumer Discretionary sector's performance was stronger compared to the S&P 500 Consumer Staples sector, which saw a weekly rise of 0.31%. Despite underperforming for the week, the S&P 500 Consumer Discretionary sector has had a difficult year, while the S&P 500 Consumer Staples sector has had a strong year, despite its underperformance for the week.

The S&P 500, on the other hand, has experienced a 10.20% gain so far this year, outperforming both the Consumer Discretionary and Consumer Staples sectors. The S&P 500's year-to-date gain is higher than both the sectors' year-to-date rises.

In summary, while the S&P 500 Consumer Discretionary sector outperformed the broader market for the week ending September 5, its year-to-date rise significantly trails the S&P 500's gain. The S&P 500 Consumer Staples sector underperformed the broader market for the week ending September 5, and its year-to-date rise significantly lags behind the S&P 500's gain. The S&P 500, in comparison, has experienced a strong year-to-date performance.