XLY ETF Shows Spunk, HEFA Takes a Hit

Amidst the hustle and bustle of Tuesday’s trading, the Consumer Discretionary Select Sector SPDR Fund ETF (XLY) emerged as the shining star, flaunting a 1.2% surge. Within this ETF, stocks of Tesla (TSLA) stole the spotlight with an impressive 8.2% spike, closely followed by Ulta Beauty (ULTA) with a 2.2% incline.

HEFA Falters in Afternoon Trade

Conversely, the iShares Currency Hedged MSCI EAFE ETF (HEFA) found itself lagging behind, experiencing a 1.9% dip during Tuesday’s afternoon sessions. This downturn was notably propelled by companies such as Monday.com (MNDY), witnessing a 1.5% decline, and Global-e Online (GLBE), losing 1.4% of their value throughout the day.