Retail stocks outperformed on Wall Street today.

The S&P 500 Retailing Industry Group rose 0.5 percent, matching Monday’s gains, to end the trading session at 884.49. The gain was more than twice the ones registered by the Dow Jones Industrial Average and S&P 500, both of which were ahead 0.2 percent to 16,808.49 and 1,941.99, respectively. The Nasdaq rose 0.4 percent to close at 4,337.23.

The International Council of Shopping Centers and Goldman Sachs reported that sales for the week ended Saturday were up 3.1 percent versus the comparable week of 2013 and 0.4 percent higher than those for the week ended on June 7. The sequential increase, although small, was only the second registered since the end of April, with the more recent gain, a heftier 2.9 percent increase, coming in the final week of May.

Most U.S.-based fashion, retail and beauty equities tracked by WWD landed in positive territory, with those adding value outnumbering those on the loss side by about a seven-to-two margin.

American Apparel Inc. shares were up 4.8 percent to lead the group, landing at 65 cents, followed by Christopher & Banks Corp.’s 4.3 percent advance to $8.49 and Destination XL Group Inc.’s 3.4 percent improvement to $5.16. J.C. Penney Co. Inc. was up 2.8 percent to $8.88 and Lands’ End Inc. ahead 2.7 percent to $32.76.

The handful of stocks with declines included Tilly’s Inc., down 1.4 percent to $8.04; Zumiez Inc., down 1.2 percent to $27.86, and The Estée Lauder Cos. Inc., down 0.9 percent to $75.25.

Investors’ attention on Wednesday will likely be focused on the Federal Reserve, which will conclude two days of meetings.

European stocks lost some of their earlier gains at the end of trading but ended higher despite the ongoing concerns about Iraq and the ongoing situation in Ukraine.

The DAX in Frankfurt rose 0.4 percent to 9,919.87, while the CAC 40 in Paris advanced 0.6 percent to 4,536.07. Meanwhile, the FTSE 100 in London and the FTSE MIB in Milan edged up 0.1 percent to 6,764.34 and 21,996.40, respectively.

Among fashion, luxury and retail stocks, gainers included Carrefour SA, up 1.2 percent to 26.26 euros; Hennes & Mauritz, 0.9 percent to 291.70 Swedish kroner; Luxottica Group, 0.9 percent to 41.94 euros, and Safilo Group, 1 percent to 15.55 euros.

Aeffe lost earlier gains to end down 0.8 percent at 1.24 euros. Other stocks that lost ground included Brunello Cucinelli, down 1.8 percent to 16.40 euros; Asos, 2.0 percent to 28.70 pounds, and Geox, 3.2 percent to 2.71 euros.

The pound traded for $1.70 versus the U.S. dollar, the euro at $1.35 and the Swedish krona at 15 cents.

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