Retail ETFs Strengthen on BJ’s Whilesale Earnings, Slowly Returning Shoppers
May 21, 2020 at 17:43 PM EDT
Retail sector exchange traded funds have been strengthening on better-than-expected quarterly results and a reopening economy that has helped retailers see foot traffic trickling in. The SPDR S&P Retail ETF (XRT) gained 2.0% on Thursday. Lifting the retail segment, BJ’s Wholesale Club...