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The NRF pushes for quick passage of budget deal

Dec. 11, 2013 9:25 AM ETXLY, RTH, VCR, IYC, IYK, PMR, XRT, RSPD, SZK, SCC, UGE, UCC, PEZ, FXD, PSCD, RETL, FDISBy: Clark Schultz, SA News Editor
  • The National Retail Federation issues a statement in which it says it approves of the early (relatively) short-term budget agreement in Congress. The organization says it urges a quick passage of the legislation.
  • The retail industry faces a significant risk if a budget stalemate were to occur. A swipe of President Obama's pen on the spending bill could offer some late holiday season support to consumer sentiment.
  • Related ETFs: XLY, XRT, VCR, RTH, RETL, IYK, IYC, SCC, FXD, UCC, PMR, UGE, RCD, FDIS, SZK, PEZ, PSCD

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