The Stock Market Is Dropping. Why Consumer Discretionary Stocks Seem to Be Rising.

The S&P 500 is up 11% year to date, but it has been flat since the middle of April.

The consumer-discretionary sector, though, looked like a bright spot on Friday.

The key is that with its unusually large market capitalization of $1.7 trillion, Amazon represents 24% of the consumer-discretionary exchange-traded fund.

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