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September 01, 2020 10:27am
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Retail ETFs Advance as Investors Look to Pent-Up Consumer Demand

Retail sector-specific exchange traded funds strengthened as traders looked beyond the unexpected stall in April retail sales to the potential rebound in the coming months. The SPDR S&P Retail ETF (XRT), the largest retail sector-related ETF by assets, increased 4.1% on Thursday. The Commerce...
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