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Consumer Staples ETFs Are a Bright Spot in a Down Market

Defensive consumer staple sector-specific exchange traded funds are a bright spot in today’s tumultuous markets. The Consumer Staples Select Sector SPDR Fund (NYSEArca: XLP) increased 2.3% over the past month and gained 1.1% year-to-date. Meanwhile, the SPDR S&P 500 ETF (SPY) declined...
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