Retail ETFs Could Rebound as Cooped-Up Shoppers Step Out
May 28, 2020 at 17:26 PM EDT
Bent-up-demand from stifled consumers could help strengthen retailers and sector-related exchange traded funds as states and cities lift lockdown measures and reopen businesses. The SPDR S&P Retail ETF (XRT) is starting to gain momentum, rising 8.9% in the last week and 14.5% over the past...