The S&P 500 Consumer Discretionary sector (NYSEARCA:XLY) experienced a dramatic surge of over 11% this Wednesday, its best day since 2020, triggered by President Trump's decision to temporarily pause new tariffs for non-retaliatory nations.

For the week, S&P 500 Consumer Discretionary sector (NYSEARCA:XLY) has seen a rise of 5.03%, slightly lower than the S&P 500's (SP500) 5.95% rise. However, the sector's year-to-date performance is considerably weaker, down 15.44%, which is notably below the benchmark S&P 500's (SP500) decline of 8.81%.

Let’s take a look at this week’s gainers and losers in consumer discretionary as tariff repercussions continue.

Top gainers 

• Caesars Entertainment (NASDAQ:CZR) +9.28% 
• MGM Resorts International (NYSE:MGM) +9.27%
• Ross Stores (NASDAQ:ROST) +8.59% after Wells Fargo upgraded the stock rating from Equal Weight to Overweight and raised the price target from $140 to $150, considering market down cycles' effects on retail.
• Amazon.com (NASDAQ:AMZN) +8.11% after it announced that its advanced AI model, Nova Sonic, capable of understanding nuanced aspects of conversations. Meanwhile, Chinese sellers on Amazon are considering price hikes or market exit due to significant US tariffs. CEO Andy Jassy reiterated Amazon's customer-centric focus and highlighted AI investments in his shareholder letter. Furthermore, in response to tariffs, China-based Anker has already increased prices on many of its Amazon-listed products.
• Royal Caribbean Cruises (NYSE:RCL) +7.91%

Top losers:

• CarMax (NYSE:KMX) -9.72% after RBC Capital Markets, Needham, and Baird analysts all lowered their price targets for CarMax stock following the company's recent quarterly earnings that missed expectations. RBC Capital Markets reduced its target to $80 (from $103), Needham to $92 (from $101), and Baird to $90 (from $95). Despite these lowered targets, all three firms maintained a positive rating on the stock (Outperform or Buy).
• Aptiv (NYSE:APTV) -9.58% after UBS downgraded Aptiv from Buy to Neutral over trade policy concerns, RBC lowered its price target to $60 but kept an outperform rating, as Aptiv's stock hit a 52-week low of $47.65 due to various challenges.
• PulteGroup (NYSE:PHM) -6.63% after Barclays reduced its price target for PHM to $117 from $125, while maintaining an Equal Weight rating on the stock. The analyst noted that the company's initial margin outlook for 2025 carries downside risk, which could further pressure future earnings expectations.
• D.R. Horton (NYSE:DHI) -6.33% after Barclays reduced the price target on D.R. Horton (NYSE:DHI) to $120 from $145 and maintains an Equal Weight rating ahead of Q1 earnings for homebuilding.
• Lennar Corporation (NYSE:LEN) -5.21% after Wells Fargo cut Lennar's price target from $120 to $110, updating its builder web scrape with early April 2025 data on 4,000 units in 8 Sunbelt markets, while maintaining an Equal Weight rating.

Furthermore, for investors desiring to track the performance of the consumer discretionary sector, ETFs represent a viable alternative. 

Notable Consumer Discretionary ETFs: (NYSEARCA:XLY), (NYSEARCA:VCR), (NYSEARCA:FXD), (NYSEARCA:FDIS), (NYSEARCA:RSPD), and (NYSEARCA:RXI).

More on related stocks:

• Ross Stores gains after Wells Fargo calls it a defensive standout amid crumbling economic data
• Chinese electronics firm Anker raises prices on Amazon in response to tariffs: report
• Amazon sellers will pass tariff costs on to customers: CEO
• Chinese sellers on Amazon mull price hikes or US exit as Trump slaps 125% tariff
• Lennar declares $0.50 dividend