Shares of companies in the broader consumer discretionary sector are trading lower amid overall market weakness. Rising yields and continued economic uncertainty have pressured discretionary sectors.
Portfolio Pulse from Benzinga Newsdesk
Shares of companies in the consumer discretionary sector are trading lower due to overall market weakness, rising yields, and continued economic uncertainty.
October 18, 2023 | 7:36 pm
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NEGATIVE IMPACT
Booking Holdings Inc. (BKNG) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, BKNG is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Carnival Corp. (CCL) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, CCL is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Farfetch Ltd. (FTCH) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, FTCH is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
MGM Resorts International (MGM) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, MGM is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Norwegian Cruise Line Holdings Ltd. (NCLH) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, NCLH is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Pool Corporation (POOL) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, POOL is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Royal Caribbean Cruises Ltd. (RCL) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, RCL is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Wayfair Inc. (W) shares may be trading lower due to market weakness and economic uncertainty.
As a company in the consumer discretionary sector, W is likely to be negatively impacted by the overall market weakness and economic uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100