By  on February 1, 2008

Retail shares soared on Thursday after investors received some good news about the bond insurance industry as well as a bullish report from Deutsche Bank, sending the S&P Retail Index up a whopping 4.4 percent to 423.16.

The Dow Jones Industrial Average grew 1.5 percent to 12,634.02, while the broader S&P 500 increased 1.7 percent to end the day at 1,378.55.

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