Consumer Confidence Drops; Retail ETFs in Focus Tuesday, September 28, 1:15 PM ET, by ETF Channel Staff The Conference Board released a disappointing consumer confidence report this morning, putting retailer and retail ...
Retail Sales Up 2 Percent Last Week: Watch PMR, RTH, XRT
By Market News Video Staff, Tuesday, November 2, 10:52 AM ET
Halloween gave retailers a treat last week, with chain-store sales rising 2% compared to the same week last year, according to a survey by the International Council of Shopping Centers and Goldman Sachs (GS). Sales rose 0.1% compared to the prior week.
The Dynamic Retail Portfolio (AMEX:PMR) is trading higher by 0.7%. The Retail HOLDRS (AMEX:RTH) trades up 1.1%, anchored by top holdings Wal-Mart (NYSE:WMT), comprising 19.56% of the portfolio, and Home Depot (NYSE:HD) at 12.37% of the fund. The SPDR S&P Retail ETF (AMEX:XRT) is trading up 0.4%. Its top holding is Gymboree (GYMB), at 2.12% of the portfolio.
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