Macy’s, Kohl’s Quarterly Earnings Strengthen Retail ETFs

Quarterly results out of Macy’s Inc. (NYSE: M) and Kohl’s Corporate (NYSE: KSS) helped retail sector-specific ETFs advance Thursday. On Thursday, the SPDR S&P Retail ETF (XRT) and First Trust Nasdaq Retail ETF (FTXD) both gained 0.2%. Meanwhile, Macy’s shares jumped 18.5% and...