Retail ETF Investors Aren’t Impressed with Rising Consumer Spending

FAN Editor 5 years ago

This article was originally published on ETFTrends.com.

U.S. retailers revealed rising sales in their latest quarterly report cards, reflecting robust consumer spending in a healthy economy ahead of the traditional holiday shopping season, but retail stocks and sector-related exchange traded funds remain unimpressed. On Tuesday, the SPDR S&P Retail ETF (NYSEArca: XRT) fell 2.9% and VanEck Vectors Retail ETF (NYSEArca: RTH) declined 3.5%. […]

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