Market Insider

Consumer discretionary sector may be messenger about OPEC

OPEC headquarters in Vienna.
Patti Domm | CNBC

Consumer discretionary stocks and crude oil have been trading the way they normally do when OPEC is about to cut production.

Even though some of the 12 member nations are calling for production cuts, it's not actually clear whether the Organization of the Petroleum Exporting Countries will announce cuts at its Thursday meeting. There is no consensus on Wall Street about what the cartel might do and analysts are divided.