Retail Stocks Haunted by Ghost of Christmas Past
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Notable ETF Movers of the Day 12/26: (VXX) Higher; (XRT) (XLK) Lower
December 26, 2012 1:06 PM ESTGainers:
iPath S&P 500 VIX ST Futures ETN (NYSE: VXX) gained 5.3 percent to 33.7. Volatility on the S&P 500 ramped on Wednesday, gaining close to 9 percent. The VIX index stood at 19.4 mid-day, just shy of... More
Holiday Spending Growth Slows to Three-Year Low in FY12 (MA) (V) (DFS)
December 26, 2012 8:39 AM ESTThough e-commerce retail sales showed strong growth this year, overall sales were just about flat.
According to data from MasterCard's (NYSE: MA) SpendingPulse unit, retail sales rose just 0.7 percent from last year for the eight weeks ended December 24th. That was the slowest growth since a... More
