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September 01, 2020 10:10am
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Target Shares Plunge, Drags Down Consumer Sector ETFs

Target Corp. (NYSE: TGT) shares plunged Wednesday, dragging down consumer sector-related exchange traded funds, after the retailer issued a quarterly earnings miss and warned of higher costs. The VanEck Vectors Retail ETF (RTH) was down 7.5% on Wednesday while the broader Consumer Discretionary...
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