Holiday spending rose 3.8% from a year ago, topping last year’s growth, as consumers were “willing and able” to spend, if there was a good deal, Mastercard SpendingPulse said.
The SPDR S&P Retail ETF XRT rose 1.4% on Thursday. Among the ETF's more prominent components, shares of Amazon.com Inc. (AMZN) slipped 0.9%, Walmart Inc.'s stock (WMT) gained 0.1% and Costco Wholesale ...
Consumers appeared to spend most on restaurants, as spending in this category grew 6.3% compared to last year. Meanwhile apparel saw a 3.6% uptick in spending, while jewelry and electronics rose 4% ...