Solid Holiday Shopping Season Props Up This Retail ETF
January 17, 2024 at 08:00 AM EST
The holiday shopping season ended better than expected according to numbers from the CNBC/NRF Retail Monitor for the month of December. Meanwhile, the Direxion Daily Retail Bull 3X ETF (RETL) propped up about 8% within the past month. For the past few years, the prevailing narrative has been inflation and the Federal Reserve’s fight to keep [...] The post Solid Holiday Shopping Season Props Up This Retail ETF appeared first on ETF Trends .