Retail set for stabilization and growth in the next few months, says Bernstein's Aneesha Sherman
Aneesha Sherman, Bernstein Research's U.S. apparel and specialty retail vice president, joins CNBC's 'Closing Bell' to discuss rising consumer sentiment, her retail outlook for the holiday shopping season, and more.
Impact of rate cuts on retailers
Simeon Gutman, U.S. retail analyst at Morgan Stanley, joins CNBC's ‘The Exchange' to discuss consumer sentiment, how rate cuts will affect retailers through the holiday season, and more.
Retail Sector (XRT) Trading Update: A Lesson on Channels
Written last week, “Retail XRT continues to have my attention. I will follow her.
A Look at Retail ETFs Post Q2 Earnings
Most of the big-box retailers came up with an earnings or revenue beat or both.
Retail Sector ETF (XRT) Nearing Breakout? Keep An Eye On It!
In the Economic Modern Family, the most interesting sector is Retail XRT. After the strong consumer confidence, the ETF looks like a move over July highs should be followed.
XRT: Resilient Consumers, Rising Retail Stocks
The July Retail Sales report and August Johnson Redbook figures show strong consumer spending, benefiting consumer companies and supporting a soft economic landing. I reiterate the SPDR S&P Retail ETF a buy due to its attractive valuation, decent technicals, and diversified exposure to retail sub-industries. Despite historical September weakness, XRT's technical setup is favorable, with a rising 200-day moving average and potential upside if resistance at $80 is broken.
Watch These XRT Retail ETF Price Levels Amid Rebound in Consumer Spending
The SPDR S&P Retail ETF (XRT) remains in focus on Thursday after sector heavyweights Target (TGT), TJX Companies (TJX), and Macy's (M) reported earnings on Wednesday. The three retailers, which carry a cumulative weighting in the fund of around 4%, noted that while consumers remain prudent, there are signs of a rebound in discretionary spending in areas such as apparel and beauty.
XRT ETF: Mixed Signals For Retail Stocks Into Second Half Of 2024
The SPDR S&P Retail ETF offers diversified exposure to various sub-industries within the retail sector. The fund has gained momentum over the past year amid resilient economic conditions. Mixed signals from leading retailers and uncertain macroeconomic conditions could add to volatility going forward.
