Consumer discretionary stocks are trading higher, driven by a broad market rebound as easing oil prices temper inflation fears. The positive sentiment comes a day after the Federal Reserve's latest interest rate hike, with investors now seemingly more optimistic about the economic outlook. This has led to a rally in cyclical sectors. Adding to the sector's strength, Generac (GNRC) surged over 30% in pre-market trading after announcing a major supply agreement with Amazon (AMZN), a key component of the XLY ETF.