By  on January 7, 2014

U.S. retail shares enjoyed their first positive day of the new year today as major indices in the U.S. and Europe logged increases.

The S&P 500 Retailing Industry Group progressed 0.4 percent to 931.08 after opening 2014 with three consecutive declines. The Dow Jones Industrial Average and S&P 500 both were up 0.6 percent, to 16,530.94 and 1,837.88, respectively.

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