Dow ETF Lower as Traders Eye McDonald’s, Retail Stocks
June 08, 2011 at 10:43 AM EDT
An exchange traded fund tracking the Dow was in negative territory Wednesday morning along with McDonald’s (NYSE: MCD), which said its May sales were hit by rising gas prices. Retail ETFs were also weak as Gap (NYSE: GPS) and Abercrombie & Fitch (NYSE: ANF) weighed on the sector. Oil...