By and  on January 24, 2013

U.S. retail stocks set another new high today as Ross Stores Inc., J.C. Penney Co. Inc., Kohl’s Corp. and Inc. all gained ground.

The S&P 500 Retailing Industry Group rose 2 percent, or 13.49 points, to 699.88, and set an all-time high of 702.78 midday. The index was led by Netflix Inc., which jumped 42.2 percent to $146.86 on a stronger-than-expected fourth quarter.

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