XRT Stock Recent News

Jharonne Martis, Director Of Consumer Research At LSEG, explains why retail earnings could get ugly.

Last week's economic data presented a picture of consumer resilience emerging alongside the continued challenge of rising inflation. While consumer spending staged a significant rebound in June, inflation heated up for a second straight month.

The Census Bureau's Advance Retail Sales Report for June showed consumer spending was higher than expected last month, with headline sales rising 0.6%. This marks the first monthly increase since March and was better than the expected 0.1% rise.

Oil rebounded on strong demand signals and easing trade tensions, boosting XOP and SLX while pressuring XRT, CRAK, JETS, and GDX.

"Shark Tank" investor Daymond John said Thursday that he believes Christmas and the holiday season will be OK for retailers, though businesses should start planning alternative sourcing strategies now.

Matt Shay, National Retail Federation CEO, joins 'Money Movers' to discuss the the impact of tariffs on the retail sector and what it will mean for sector outlook.

Lorraine Hutchinson, Bank of America, joins 'Fast Money' to talk the impact of the Vietnam tariff announcement on retailers.

Last week's economic data painted a picture of broad cooling across several sectors, with consumers pulling back significantly on spending. Retail sales saw their largest decline in over two years in May, as consumers scaled back purchases following earlier front-loading.

Retail sales dropped 0.9% in May, but select sectors like online, apparel, and furniture retail defied the downturn with gains. ETFs like ONLN, RTH, XRT and IEDI should benefit.

The Census Bureau's Advance Retail Sales Report for May showed consumer spending pulled back significantly last month, with headline sales sinking 0.9%. This marks the second straight monthly decline and the largest in over two years.