By and  on March 30, 2012

Markets gained today on reports showing consumers are spending more and feeling less pessimistic about the economy — but retail stocks slipped into the red just before the close.

The S&P Retail Index dipped late in the day, ending down 0.05 points to 622.38, as the Dow Jones Industrial Average increased 0.5 percent, or 66.22 points, to 13,212.04.

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