GameStop slump and weak February sales data are pressuring a major retail ETF

At a GameStop store in North Las Vegas.
Ethan Miller/Getty Images
GameStop on Tuesday was on course for a second straight loss, down as much as 20% during the session.The video game retailer is the largest holding in the SPDR S&P Retail ETF.The ETF was down after February retail sales fell by more than expected, with poor weather a big factor.See more stories on Insider's business page.
GameStop shares fell by more than 20% during Tuesday's session. The move lower came alongside a slump in