All three funds are above their 50-day and 200-day exponential moving averages.
On Friday, the Labor Department announced that the jobless rate dropped to 8.6% in November from 9% the previous month, the lowest level in two and a half years. According to CBS News, 50,000 of the 120,000 new jobs created in November came from the retail sector as the employers ramped up hiring in anticipation of the holiday season.
Consumer Discretionary Select Sector SPDR Fund
For more information on the retail sector, visit our retail category.
Max Chen contributed to this article.