Retail ETFs Aren’t Seeing a Lot of Holiday Cheer

Retailers and sector-related exchange traded funds took a hit ahead of the Christmas weekend as brick-and-mortar shops are unable to entice shoppers, even with heavy holiday discounts. On Thursday, the SPDR S&P Retail ETF (NYSEArca: XRT), the largest retail-related ETF on the market, fell 2.9%...