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XLP Jun 2024 59.000 put

OPR - OPR Delayed price. Currency in USD
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0.21000.0000 (0.00%)
As of 12:51PM EDT. Market open.
Full screen
Previous close0.2100
Expiry date2024-06-21
Day's range0.1000 - 0.2100
Contract rangeN/A
Open interest5
  • Yahoo Finance Video

    How discount stores are carrying the retail sector

    While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Yahoo Finance Video

    Consumer staples names in focus ahead of earnings this week

    Several big brands in the consumer staples sector are set to report earnings this week, including Coca-Cola (KO), Kraft Heinz (KHC), and Molson Coors (TAP). Yahoo Finance Retail Reporter Brooke DiPalma highlights analyst comments on the sector and the biggest factors pressuring these companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

  • Yahoo Finance Video

    Economist explains top 3 risks to consumer spending in 2024

    The 2023 holiday season proved to be robust for US consumer spending, with consumer confidence rising. However, with many economic headwinds to weather in 2024, questions arise around the status of consumer spending going forward. Apollo Global Management Chief Economist Torsten Slok joins Yahoo Finance to discuss the current economic environment and lay out the possible risks to the consumer spending. Slok explains that consumers are beginning to run out of excess savings dating back decreased spending from the pandemic, and the combination of mortgage rates and resuming of student loans could be a significant blow to consumer spending. "At the same time, because of the Fed deciding to turn more dovish and the market interpreting that in a more dovish way, that is now becoming a bit more of a tailwind, so we don't anticipate that this will create a sharp slowdown," Slok says. "But, it is very critical that excess savings running out will begin to give a path for consumption where we are going to see a slower growth rate over the next several quarters. That should be a softer landing for the US economy overall." Editor's note: Apollo Global Management owns a majority stake in Yahoo, the parent company of Yahoo Finance. Click here to watch the full interview on the Yahoo Finance YouTube page or you can watch this full episode of Yahoo Finance Live here.