This article was originally published on ETFTrends.com.
Despite strong third quarter results that revealed improved consumer spending, retail and consumer discretionary sector-related exchange traded funds weakened Thursday. On Thursday, the SPDR S&P Retail ETF (NYSEArca: XRT) fell 0.9% and the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) slipped 0.5%. The Commerce Department revealed purchases of motor vehicles and building materials jumped on […]
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