Consumer Discretionary, Retail ETFs Fall on Weak Holiday Sales
Posted on December 26, 2012 at 11:39 AM EST
Retail and consumer discretionary ETFs were the steepest sector decliners Wednesday on reports U.S. holiday sales were the slowest since 2008. Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) and SPDR S&P Retail ETF (NYSEArca: XRT) were both down more than 1% in recent trading. “In...