Author's Summary
The State Street SPDR S&P Retail ETF saw modest gains on Black Friday amid tempered investor enthusiasm, yet it remains on track for its strongest weekly performance in half a year, buoyed by standout retail earners. (148 characters)
ETF Performance Overview
Investors showed restraint in buying the State Street SPDR S&P Retail ETF on Black Friday, reflecting no surge in demand despite the shopping event. The fund rose just 0.1% in the latest session, lagging the S&P 500's 0.4% advance, with 41 of its 77 holdings moving higher. Still, this positions it for the best week over six months.
On Black Friday, investors are not overwhelmingly purchasing the State Street SPDR S&P Retail ETF, yet this does not imply a lack of confidence in consumer spending.
Key Contributors
Top performers this week included Kohl's shares, up 55.1%, and Abercrombie, gaining 42.4%, following their strong quarterly results.
More News
- European Commission fines X for breaches of digital rules
- Suryakumar Yadav Breaks Past Rohit Sharma to Set New Mumbai T20 Batting Record
- India Vs South Africa 1st T20I Live Streaming: When, Where To Watch
- Mitchell Starc Profile - Cricket Player Australia | Stats, ...
- South Korea Calls for Tougher Penalties After Coupang Data Breach
- Australian Cricket News Today, Dec 1: Big Bash League Sale Revolution
- The 400 million reasons behind Cricket Australia’s Big Bash sale
- Coupang Faces Major Data Breach, Affecting 33.7 Million Accounts
- IPL Auction 2025
- The Summer I Turned On The Cricket: Why The Big Bash League Is The Place To Be