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Eyes on Black Friday spending

Nov. 27, 2015 4:31 AM ETXLP, XLY, RTH, VCR, IYC, IYK, VDC, PBJ, PEJ, PMR, XRT, RSPD, RSPS, SZK, SCC, UGE, UCC, PEZ, PSL, FXD, FXG, PSCD, PSCC, RETL, FDIS, FSTABy: Yoel Minkoff, SA News Editor6 Comments
  • The shaky condition of U.S. retail will be put to the test this weekend, when stores across the country roll out their Black Friday specials.
  • About 135.8M Americans are expected to shop in stores or online over the four-day weekend, according to the National Retail Federation, but the amount they've spent has declined over the past two years, dropping 11% to $50.9B in 2014.
  • The forecast for frugal shopping also got a boost on Wednesday, when Commerce Department figures showed household spending rose less than expected in October.
  • ETFs: XLP, XLY, VDC, XRT, VCR, RTH, PBJ, RETL, PEJ, IYK, FXG, IYC, SCC, FXD, RHS, UCC, PMR, UGE, RCD, PSL, PSCC, SZK, FDIS, FSTA, PSCD, PEZ

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