As of midday Thursday, the Consumer Products sector is experiencing a significant downturn, with a loss of 0.8%. Notably, Brown-Forman Corp (BF.B) and Tesla Inc (TSLA) are lagging, down 17.2% and 8.9%, respectively. Year-to-date, Brown-Forman has decreased by 27.01% and Tesla by 25.08%. The iShares U.S. Consumer Goods ETF (IYK) is down 0.6% for the day but up 7.82% year-to-date.
The Materials sector follows closely with minimal gains, showing no change. Nucor Corp (NUE) and Eastman Chemical Co (EMN) report losses of 1.6% and 1.1%, respectively. Nucor is up 3.63% year-to-date, while Eastman is down 11.53%. The Materials Select Sector SPDR ETF (XLB) is down 0.1% today, but it has seen a 5.06% increase year-to-date.
