Wal-Mart Retail Sales Scare Rocks ETFs
November 27th at 3:12pm by Tom Lydon
NEW YORK (AP) — Wall Street had its worst day in more than four months
Monday as the dollar weakened and concerns about the strength of the
retail industry arose following a rare sales decline at Wal-Mart Stores
Inc. The Dow Jones industrials fell 158 points.
The largest and most widely held ETFs lost:
NASDAQ 100 Trust Shares (QQQQ) -2.22%
SPDRs (SPY) -1.38%
iShares Russell 2000 Index (IWM) -2.24%
Is this really a scare or just an opportunity for the stock market to take a breather from its recent ascent?
