This Retail ETF Is Slipping Ahead of Big Earnings

Group 1 - Most retail stocks are declining as traders prepare for upcoming earnings reports from major retailers such as Home Depot, Walmart, and Target [1][2] - The State Street SPDR S&P Retail ETF, which is the largest retail fund, decreased by 0.5% and holds 77 U.S. retail companies, with Target and Walmart each representing about 1.5% of the fund [2] - Analysts predict that same-store sales for Target and Walmart will show a decline compared to both the second quarter and the same period last year, according to FactSet [2]