--- title: "Weekly Recap | XLP.US -1.42%, underperforms the S&P 500" type: "News" locale: "en" url: "https://longbridge.com/en/news/298787652.md" description: "XLP.US closed the week at $83.38, down 1.42% and underperforming the S&P 500 by roughly 0.62 percentage points. The four-session pattern was weak: Tuesday opened at $84.28 and touched a weekly high of $84.57 before sliding, while Wednesday set the week’s low at $82.85. Thursday and Friday then consolidated around the $83 level. Weekly amplitude came to about 2.04%. Average daily volume of 11.7m shares ran about 12% above the recent median, pointing to heavier turnover." datetime: "2026-09-12T05:08:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298787652.md) - [en](https://longbridge.com/en/news/298787652.md) - [zh-HK](https://longbridge.com/zh-HK/news/298787652.md) generator: "portal-rs" --- # Weekly Recap | XLP.US -1.42%, underperforms the S&P 500 ## The Week XLP.US closed the week at $83.38, down 1.42% and underperforming the S&P 500 by roughly 0.62 percentage points. The four-session pattern was weak: Tuesday opened at $84.28 and touched a weekly high of $84.57 before sliding, while Wednesday set the week’s low at $82.85. Thursday and Friday then consolidated around the $83 level. Weekly amplitude came to about 2.04%. Average daily volume of 11.7m shares ran about 12% above the recent median, pointing to heavier turnover. The price sat below both the 20-day and 60-day moving averages, leaving a pullback-with-chop feel for the week. ## Sector News The consumer staples space saw a dense run of headlines. Philip Morris raised its 2026 reported diluted EPS guidance range to $7.28-7.43, citing currency effects, while smoke-free growth accelerated in the US and Japan, with a focus on IQOS and ZYN. Coca-Cola and its bottlers committed $778m to Chile over four years. PepsiCo’s surprise $1.7bn Publicis deal grabbed attention as the company pushed a fresh-food narrative. Colgate-Palmolive was reported to be exploring the sale of some personal-care brands. On the retail side, Target rolled out a beauty studio programme across 600 stores, while Walmart collected a $2.9bn tariff refund, expanded a delivery tie-up with Papa John’s, and pressed ahead with dynamic-pricing plans. At the macro level, higher oil prices and rising yields weighed on consumer-facing equities. Flow-wise, the latest session showed large-lot money as a net seller, with small-lot also skewed out and only midsize orders tilted in, a cautious posture. ## The Week Ahead The dominant event is the 16 September Federal Reserve rate decision. After Friday’s CPI report showed firmer inflation, market-implied odds of a hike jumped to nearly 90%, contrasting with earlier economist expectations leaning the other way. On 16 September, US retail sales and retail sales ex-autos are due, with consensus at 0.9% and 0.6% month-on-month against prior prints of -0.6% and -0.3%. A strong reading could add to rate pressure. The same day also brings the NAHB housing index, import prices, the New York Fed manufacturing index, and EIA crude and Cushing inventory figures. Together with rate expectations, these set the near-term backdrop for the staples complex. ## In Short This week set up a clear tension: Philip Morris, Walmart, Target and others kept producing operational positives, yet rising oil, higher yields and firmer inflation expectations pressed on defensively valued stocks. The latest flow snapshot showed large-lot money cautious, and the looming Fed decision added another layer of uncertainty. The question now is whether pricing power and mix shifts in consumer staples can keep earnings resilient against simultaneous rate and inflation pressure, and whether the Fed actually moves off its previously easier path. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [XLP.US](https://longbridge.com/en/quote/XLP.US.md) ## Related News & Research - [Catalyst Funds Management Pty Ltd Makes New Investment in Walmart Inc. $WMT](https://longbridge.com/en/news/287454268.md) - [FY2026 Earnings Forecast for Clorox Issued By Zacks Research](https://longbridge.com/en/news/286906057.md) - [Micron Stock Price Forecast: Unlikely to Break Record High of $1,255 in Short Term Amid Taiwan Strike Risk](https://longbridge.com/en/news/301253443.md) - [AAOI Stock Price Prediction: Stock Plunges Nearly 14%, Can It Rebound After Completing $600 Million Financing?](https://longbridge.com/en/news/301349630.md) - [Why a longtime skeptic of Palantir's stock is finally saying it's time to buy](https://longbridge.com/en/news/301303576.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**