By and  on October 16, 2012

U.S. retail stocks gained 0.5 percent today, adding to Monday’s 1 percent gain, which was fueled by stronger-than-expected September retail sales.


The S&P 500 Retailing Industry Group rose 3.54 points, to 654.11. The Dow Jones Industrial Average gained 1 percent, or 127.55 points, to 13,551.78. Investors were encouraged by quarterly reports from Johnson & Johnson and Goldman Sachs.

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