Consumer stocks extended gains last week after Powell hinted at a September rate cut. The Consumer Discretionary ETF (XLY) rose 1.8%, outpacing staples. Royal Caribbean surged 9.8% on travel demand and an upgraded target, Deckers climbed 6% on brand strength, and MGM gained 6% as lower borrowing costs could aid its debt-heavy expansion. S&P 500 added 1.5% Friday.