"Surging Consumer Discretionary Stocks Benefit from Tame Inflation Data and Zacks Rank Analysis"

Shares of consumer discretionary companies, including Tesla, Amazon, and Ford, surged after the release of tame inflation data, indicating that consumers may have more spending power if price increases slow. Additionally, shares of consumer staples companies like Walmart, Target, and Costco also received a boost from the data. The SPDR S&P 500 ETF also saw a significant increase in value.