Weekly S&P 500 consumer cyclical movers: Ford takes lead, Carnival Corporation bottoms
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The S&P 500 Consumer Discretionary sector fell 1.20% for the week ending October 3, underperforming the S&P 500's 0.82% gain. Ford led gainers with a 5.50% increase, driven by tariff relief speculation and strong Q3 sales. Carnival Corporation dropped 6.69% despite strong earnings and an improved outlook, while Macau casino stocks fell due to disappointing gaming revenue and tourism impacts from Super Typhoon Ragasa. Lowe’s was downgraded, contributing to its 4.19% decline.
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