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Nov. 19, 2019, 11:34 a.m. EST

Popular retail fund skids more than 2% lower and is set for worst day in about 7 weeks

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By Mark DeCambre

An actively traded retail-focused exchanged-traded fund on Tuesday was set for its worst day since early October, as the shares of a number of top retailers skidded lower following weaker-than-expected quarterly results for some top names. The SPDR S&P Retail ETF /zigman2/quotes/206947004/composite XRT -1.87% was down more than 2%, which would mark its worst daily fall since Oct. 2, when it shed 2.7%. The ETF was being pushed lower by slumping shares of Kohl's Corp. /zigman2/quotes/210414114/composite KSS -1.71% , down nearly 18%, after the retailer lowered its profit guidance for the year. Shares of other retailers, including Macy's /zigman2/quotes/201854387/composite M -3.37% , off 10%, which reports later this week, were also falling in sympathy, while those for Nordstrom Inc. /zigman2/quotes/203902116/composite JWN -3.30% were off 6%, representing some of the biggest losers in the retail ETF.

/zigman2/quotes/206947004/composite
US : U.S.: NYSE Arca
$ 44.67
-0.85 -1.87%
Volume: 4.46M
Dec. 13, 2019 8:00p
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/zigman2/quotes/210414114/composite
US : U.S.: NYSE
$ 48.28
-0.84 -1.71%
Volume: 2.86M
Dec. 13, 2019 6:30p
P/E Ratio
11.10
Dividend Yield
5.55%
Market Cap
$7.56 billion
Rev. per Employee
$156,814
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/zigman2/quotes/201854387/composite
US : U.S.: NYSE
$ 15.18
-0.53 -3.37%
Volume: 17.28M
Dec. 13, 2019 6:30p
P/E Ratio
4.91
Dividend Yield
9.95%
Market Cap
$4.69 billion
Rev. per Employee
$197,992
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/zigman2/quotes/203902116/composite
US : U.S.: NYSE
$ 38.38
-1.31 -3.30%
Volume: 2.77M
Dec. 13, 2019 6:30p
P/E Ratio
11.17
Dividend Yield
3.86%
Market Cap
$5.96 billion
Rev. per Employee
$214,324
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