Strong Consumer Spending Isn’t Enough for Retail ETFs
November 15, 2018 at 13:59 PM EST
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:...