The S&P 500 Consumer Discretionary sector is a classification within the S&P 500, a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. The Consumer Discretionary sector includes companies that produce goods and services that are considered non-essential but desirable for consumers, such as automobiles, leisure products, and luxury goods. The sector also includes companies involved in retail and e-commerce, media and entertainment, and hotels and restaurants. The performance of the Consumer Discretionary sector is often seen as an indicator of consumer confidence, as consumers tend to spend more on discretionary items when they feel confident about their financial situation.
