China Virus Hurts Consumer Discretionary Sector

China coronavirus threat begins to become major threat to global economy. Especially, it is visible through S&P500 consumer discretionary sector map shown above. Restaurants (MCD, YUM), coffee (SBUX), cruise (RCL), clothing (TJX), retailer (TGT) are among major victims. Online retailer giant Amazon (AMZN) may become beneficiary.

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