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What’s in store?
Perhaps surprisingly, the retail sector was one of the top performers in the just-closed second quarter.
The SPDR S&P Retail ETF, the XRT, gained more than 9.5% during that span.
Since 2013, there have been four other quarters in which the XRT gained 8% or more.
In the next quarter following those occurrences, the XRT posted an additional average return of over 5.5% about 75% of the time.