State Street Consumer Discretio News - July 24, 2026

🔴 XLY is trading 7.6% down today after tariff shock and earnings-driven sector stress

XLY is trading 7.6% down as investors react to newly announced U.S. tariffs and continued earnings pressure from major growth components. • New tariffs on...

Tesla Shares Slide, Hit by Massive Spending on AI and Robotics

Tesla reported second-quarter revenue of $28.24 billion, exceeding analyst expectations. Car sales rose 23% during the period. Adjusted earnings per share...