The stock market thinks more consumers are reaching a breaking point

Consumer stocks fall in favor of US investors.

Benchmark S&P 500 (^GSPC) traded at record levels and an increase of approximately 10% to date, while the consumer Olduyi (XLY) industry, which is usually seen as a bell for home health, is far behind.

This year, the sector increased a modest 0.3%, and this year, S&P 500 only performed the second worst performance sector before Health Services (XLV).

High interest rates, changing expenditure patterns and economic uncertainty, Nike (NKE), Target (TGT) and Home Depot (HD), as well as recognizable names such as giants Giants Tesla (TSLA) and Amazon (AMZN) contained.

Charles Schwab’s Liz Ann Sonders, Yahoo Finance on Wednesday, pointed out the increasing inequality between high and low -income households, “I think we still have a little K -shaped economy.”

“You see this in most of the stocks about travel with concerns about low -end income consumers.

This week’s gains added fresh weight to this thesis.

Chipotle (CMG) shares, the company has decreased a larger decrease in the same store sales and traffic, after reducing the full -year appearance after decreasing a double -digit.

Hilton (HLT) fell after decreasing a decrease in emotions in the US chamber income, and Hasbro (HASBR) shifted after delaying product presentations due to continuous promotional printing warning and consumer price sensitivity.

Eric Freedman, Chief Investment Officer of the US Bank Asset Management Group, said the latest moves reflect a bolted consumer view and more price -sensitive shopping companies would have to work more to capture the demand.

“This is a hypering environment to ensure that people, especially low-income and lower-middle-income consumers to spend money,” Yahoo Finance told Yahoo Finance. ” He said. “You have to go out with opportunities.”

Airlines in the industrial sector but with consumer exposure have also proposed a softer spending environment in the latest reports.

After reflecting the weakness seen by Southwest (LUV), CEO Robert Isom fell after the American Airlines (AAL) stock fell, and in the last quarter, he said the softer native travel demand. “Let’s admit, local network, uncertainty in the economy and indigenous passengers to enter the game due to the reluctance of the game.” He said.

Meanwhile, companies that appeal to richer consumers remained much better.