Kohl’s Leads Retail ETFs to New High
May 12, 2011 at 18:47 PM EDT
Equity exchange traded funds (ETFs) rebounded Thursday as Kohl’s led the retail sector to new highs. ETFs that invest in retail stocks rose Thursday after Kohl’s (NYSE: KSS) reported higher quarterly net income and boosted its full-year outlook. Kohl’s shares added 4% in the wake the...