By and  on November 19, 2012

Retail stocks jumped today as the investor reading of the fiscal cliff tea leaves appeared to improve.

The S&P Retailing Industry Group rose 2.5 percent, or 15.80 points, to 655.93 as the Dow Jones Industrial Average increased 1.7 percent, or 207.65 points, to 12,795.96. Among the day’s strongest stocks were The Bon-Ton Stores Inc., ahead 8 percent to $11.35; Abercrombie & Fitch Co., 7.2 percent to $43.80; The Men's Wearhouse Inc., 5.4 percent to $33; Jos. A. Bank Clothiers Inc., 5.2 percent to $47.10, and Fifth & Pacific Cos. Inc., 4.8 percent to $11.67.

To continue reading this article...

load comments
blog comments powered by Disqus