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Airbnb tops consumer discretionary gainers even as travel stocks tumble; major cruise lines affected

Over the shoulder view of an Asian woman booking accommodation on travel app on laptop at home

Images By Tang Ming Tung

The consumer discretionary sector (XLY) dipped 1% in August, falling behind the broader markets, which rose 1.13% in the same period, after major consumer firms reported their quarterly earnings in the month.

Consumer Discretionary Sector Scorecard

Sector Return: -1.37%

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