Amazon Is Keeping Consumer Discretionary ETFs Afloat

The consumer discretionary sector and related ETFs have brushed off the broad market sell-off all due to Amazon.com’s (NasdaqGS: AMZN) stellar fourth quarter results. The Consumer Discretionary Select Sector SPDR Fund (NYSEArca: XLY) rose 0.5% on Friday, compared to the 1.7% drop in the...