By and  on November 20, 2012

Retail stocks picked up momentum today as the market sagged and hope emerged that, even though holiday sales growth is projected to slow, earnings could perk up.

The S&P 500 Retailing Industry Group rose 0.5 percent, or 3.29 points, to 659.22, as the Dow Jones Industrial Average declined 0.1 percent, or 7.45 points, to 12,788.51.

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