Strong Start to Holiday Season Amid Strains Spotlight These Retail ETFs
ZACKS·2025-12-04 19:01
The U.S. holiday shopping season opened with record online spending. However, the underlying economic weakness hints at an impending pullback in consumer spending. November saw another drop in consumer confidence, even as Americans spent a record $44.2 billion online during Cyber Week – Thanksgiving through Cyber Monday – according to Adobe Analytics, per Reuters, as quoted on Yahoo Finance.Cyber Monday is also expected to have posted robust results, with Adobe projecting spending to fall between $13.9 bill ...