By and  on February 24, 2014

The S&P 500 hit an all-time high today, and its retail component marked the occasion by moving above 900.

Moved in part by optimism on the mergers and acquisitions front, the S&P Retailing Industry Group rose 0.7 percent to 902.66, its first close above the 900 level since Jan. 23. The positive finish also evened out the winning and losing sessions for the retail index this year at 18 each.

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