By and and  on January 15, 2014

A positive Beige Book report from the Federal Reserve lifted stocks late Wednesday, but retail shares failed to advance.

The S&P 500 Retailing Industry Group pulled back 0.2 percent to 919.28, shaking off a deeper decline earlier in the day. The Dow Jones Industrial Average enjoyed a second consecutive triple-digitgain, adding 108.08 points, or 0.7 percent, to end the session at 16,481.94, while the S&P 500 moved ahead 0.5 percent to 1,848.38.

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