Consumer discretionary outperformed last week with XLY +1.5% vs XLP -0.7% as Fed rate cut bets boosted risk appetite. DoorDash (+4.5%) climbed on EU's Deliveroo deal approval & analyst upgrades; Norwegian Cruise (+3.9%) surged on bullish calls, still trading at a discount to peers; Monster Beverage (+3.6%) extended gains on strong Q2 momentum. Retail sentiment: bearish on all three.