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Black Friday shopping spree: What's in your investment cart?
As Thanksgiving and Black Friday approach, the shopping spree season kicks off. Traditional retail, e-commerce, and tech stocks are in the s Show More
As Thanksgiving and Black Friday approach, the shopping spree season kicks off. Traditional retail, e-commerce, and tech stocks are in the spotlight.$SPDR S&P Retail ETF (XRT.US)$ recently hit a nearly three-year high. According to Truist data, over the past decade, the retail sector has typically outperformed $S&P 500 Index (.SPX.US)$ during Black Friday. However, U.S. in-store Black Friday sales fell short of expectations, rising only 0.7%, while online sales surged by 14.6%.
With Cyber Monday here, online shopping remains strong. Total online spending during Cyber Week is expected to reach $40.6 billion. With recent rate cuts, will this boost e-commerce giants like $Amazon (AMZN.US)$ and $eBay (EBAY.US)$ ?

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*Event time: From now until December 6
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