By  on May 1, 2014

Encouraging news about consumer spending helped retail shares outperform the broader market.

The S&P 500 Retailing Industry Group was up 0.6 percent to 863.49 as the closing bell sounded. That was better than the fractional decline in the S&P 500, down less than 0.1 percent to 1,883.68, and the 0.1 percent drop-off of the Dow Jones Industrial Average to 16,558.87 one day after it ended trading with a record high close of 16,580.84.

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