By and  on January 28, 2014

Retail stocks followed the major U.S. and European indices into positive territory, breaking an eight-session losing skid in which the S&P 500 Retailing Industry Group lost 3.5 percent of its value.

Stocks in Europe were buoyed by a positive report on the U.K.’s gross domestic product and in the U.S. by an increase in The Conference Board’s Consumer Confidence Index, up for the second month in a row in January to 80.7 from a revised 77.5 in December.

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