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September 01, 2020 1:29pm
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Target’s Positive Sales Growth, Guidance Helps Buoy Retail ETFs

Target (NYSE: TGT) shares surged on Tuesday on a positive outlook, helping to offset losses in retail sector-related exchange traded funds. The VanEck Vectors Retail ETF (RTH) was up 0.1% on Tuesday while the broader Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) fell 2.1%. Meanwhile,...
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