Retail Stocks Gain as America Shops. Beware the ‘Silly Season.’

Retail Stocks Gain as America Shops. Beware the ‘Silly Season.’·Barrons.com

Shares of some of America’s largest retailers closed higher Friday as customers hit the shops, particularly those that have a big online shopping presence. The SPDR S&P Retail ETF closed 0.1% lower, and shares of companies including Ross Stores, Burlington Stores, and Dollar Tree were all in the red. Since 2010, the retail ETF has gained 0.3% on average from the market’s close before Thanksgiving, doing worse than the S&P by about 1.5 percentage points, Baker calculated.

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