The Morningstar U.S. Consumer Cyclical Index is up 20% year to date through June 21, roughly in line with the broader U.S. equity market (Exhibit 1). But the sector has faced some volatility since the late April peak due to intensifying concerns about global tariffs along with continued worries of a cyclical slowdown in China and Brexit uncertainty in the United Kingdom.
AT&T, Verizon and a combined T-Mobile/Sprint would dominate wireless - source: Morningstar Analysts
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Dan Wasiolek does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.