By and  on November 28, 2011

Investors poured dollars into U.S. retail stocks after Black Friday sales and traffic signaled a strong start to the holiday selling season.

The S&P Retail Index shot up 3.1 percent, or 15.5 points, to 515.87, the sector’s best showing since late October. The Dow Jones Industrial Average gained 2.6 percent, or 291.23 points, to 11,523.01, picking up momentum from European markets, which were also on the rise.

RELATED STORY: BLACK FRIDAY WEEKEND SETS NEW HIGHS>>

 

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