By and  on October 29, 2013

Retail stocks shot up to another all-time high today — and are up 37 percent for the year so far — despite a very negative read on consumer confidence.

The S&P 500 Retailing Industry Group gained 1.2 percent, or 10.47 points, to 894.77 as the S&P 500 increased 0.6 percent, or 9.84 points, to 1,771.95, record closes for both indices. The Dow Jones Industrial Average rose 0.7 percent, or 111.42 points, to 15,680.35.

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