NASDAQ:FTXD - Nasdaq - ETF
With their latest surge, AMC and GameStop—once tiny positions in widely diversified small-cap exchange-traded funds—have now risen to prominence.
Black Friday is one of the most important days on the U.S. retail calendar, and the coronavirus pandemic guarantees this year's Black Friday be unlike any other. With COVID-19...
The retail sector is outperforming on the day with the S&P Retail ETF (NYSEARCA:XRT) up 2.44% in comparison to the 1.38% gain for the S&P 500 Index.
The SPDR S&P Retail ETF (XRT +0.5%) is a mild outperformer after retail sales came in solid for July in comparison to expectations."Retail sales are starting the third quarter on a solid footing considering the nosedive we saw this spring, but we have to remember that there’s uncertainty about economic policy and that the resurgence of the virus is putting pressure on the fledgling recovery," notes National Retail Federation Chief Economist Jack Kleinhenz."While households are spending, they are anxious about their health and economic well-being, so they are being pragmatic.
Retail sales topped expectations for June with a 7.5% increase from May. The June tally was also up 1.6% from a year ago after gas and auto-related sales were stripped out.
Redbook Johnson reports chain store sales are down 1.4% M/M in June so far and decreased 6.1% Y/Y for the week ending June 20. Month-to-date sales are down 8.0% Y/Y through June 20. Looking ahead, re
Retail sales plummeted 16.2% on a month-to-month comparison and were off 16.0% year-over-year in April after backing out the auto and gas categories. Laggards during the month with eye-popping declin
Jefferise thinks consumer discretionary stocks will outperform staples this year off a favorable macroeconomic backdrop and increase in the gap between Treasury yields and dividend yields.The firm no
U.S. consumers are setting more holiday shopping set records, as job growth and fatter wallets, along with stronger household finances, have put many in a buying mood this season.Marking the biggest s
The disappointing retail sales print was highlighted by weakness across the furniture stores, health/personal care stores, sporting goods stores and department store categories. The nonstore retailer
Consumer discretionary stocks are underperforming the broad market today as trade news wipes away some of the good cheer from a strong Black Friday to Cyber Monday sales performance. The damage is be
The biggest shopping weekend of the year is here and 165.3M Americans are planning to shop or are considering shopping during the holiday, according to the National Retail Federation.Strong numbers co
Adobe Analytics forecasts holiday sales rose 15% from November 1 to November 26 in comparison to a year ago as a much higher percentage of shoppers took advantage of early deals. "With the shorte
Retail store stocks are getting pulled in two different directions after Target (TGT +13.3%) dazzled with its earnings report and guidance, while Urban Outfitters (URBN -14.3%) disappointed.Dollar Ge
Dow component Walmart (NYSE: WMT), the world's largest retailer, reported third-quarter adjusted earnings per share of $1.16 Thursday, beating the $1.09 consensus...
More than 172M Americans plan to celebrate Halloween this year and are expected to spend about $8.8B on the holiday, according to the National Retail Federation.That's the third-highest figure in the