On Friday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) fell 3.4%, the Vanguard Consumer Discretionary (NYSEArca: VCR) dropped 3.4%, and the Fidelity MSCI Consumer Discretionary Index (NYSEArca: FDIS) was down 3.4%. AMZN makes up 22.8% of VCR's underlying portfolio, 22.7% of XLY's, and 22.1% of FDIS'. Amazon shares reeled after posting the company's first quarterly loss in seven years, reflecting a broadening economic trend toward lower online shopping, higher costs from inflationary pressures, and ongoing supply chain problems, the Wall Street Journal reports.