Target’s Positive Sales Growth, Guidance Helps Buoy Retail ETFs
March 01, 2022 at 16:46 PM EST
Target (NYSE: TGT) shares surged on Tuesday on a positive outlook, helping to offset losses in retail sector-related exchange traded funds. The VanEck Vectors Retail ETF (RTH) was up 0.1% on Tuesday while the broader Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) fell 2.1%. Meanwhile,...
