By and  on August 25, 2009

Retail shares rallied more than 2 percent in morning trading Tuesday following an unexpected surge in The Conference Board’s Consumer Confidence Index.

The S&P Retail Index was up 8.60 points, or 2.4 percent, to 369.26, outpacing gains of less than 1 percent by the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite.

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