Tuesday 18 August 2015

Retail ETFs Propped By Home Depot Amid Broad Stock Losses

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

Retail and consumer discretionary ETFs bucked the general market trend Tuesday to advance on Home Depot's (HD) resounding earnings beat. China ETFs nose-dived amid the latest plunge in the country's volatile stock markets. Major U.S. stock ETFs traded modestly lower, weighed down by the Chinese sell-off and mixed housing data. Market Vectors Retail (RTH) climbed 0.2% to 78.72. No. 2 holding Home Depot gapped up 2% to multiyear highs on the stock

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