Sears Holdings Corp. led the 100 worldwide fashion, retail and beauty stocks on the WWD Global Stock Tracker, helping it log a 0.2 percent increase to 99.10.

Sears’ shares were up 4.5 percent to $35.95 as the owner of Sears and Kmart worked to put its spin on growing speculation about store closures and reduced headcounts, adding to a series of recent actions to generate cash for the retail chains, including a recent rights offering and a move to reduce its stake in Sears Canada.

Another retailer putting its store portfolio under scrutiny, J.C. Penney Co. Inc., had the second largest gain among tracker stocks, a 3.2 percent jump to $7.73.

The gains came on a day when Wall Street reacted well to strong earnings reports from the likes of GM, 3M and Caterpillar and put talk of a market correction on hold for another day. The Dow Jones Industrial Average soared 216.58 points, or 1.3 percent, to end the day at 16,677.90, a marginally larger gain than the 1.2 percent, or 23.71 point, gain in the S&P 500, to 1,950.82. Earlier in the day, European markets advanced strongly, led by a 1.3 percent pickup to 4,157.68 on the CAC 40 in Paris and a 1.2 percent gain to 9,047.31 on Frankfurt’s DAX.

Asian markets were softer, with the SSE Composite Index in Shanghai, the Nikkei 225 in Tokyo and the Hang Seng Index in Hong Kong down 1, 0.4 and 0.3 percent, respectively.

After Sears and Penney, the largest gains among tracker stocks belonged to U.S.-based specialty retailers, The Buckle Inc. and Chico’s FAS Inc., which both moved ahead 3.1 percent to land at $47.67 and $15.53, respectively. Kering closed out the top five for the day with a 2.7 percent increase to 153.55 euros, or $194.22 at current exchange, followed closely by Abercrombie & Fitch Co., American Eagle Outfitters Inc. and Guess Inc., up 2.5, 2.5 and 2.4 percent, respectively, to $33.61, $13.80 and $21.40.

Kering reported a lift a 3.3 percent lift in third-quarter revenues, aided by a 27.6 percent increase at Saint Laurent.

Under Armour Inc. ended the day with shares of 2.6 percent to $64.34 after reporting better-than-expected third-quarter results and lifting its full-year guidance. Investors’ attention was drawn to a deceleration in its revenue growth, which still ended the period at 29.7 percent.

Larger declines were recorded by shares of Quiksilver Inc., down 10.4 percent to $1.72; Yoox.com, down 3.6 percent to 14.87 euros, or $14.87, and Unilever, down 3.6 percent to 24.41 pounds, or $39.17.

Also coming in below prior-day levels were Perry Ellis International Inc., down 2.8 percent to $20.58, and Trinity Ltd., down 2.7 percent to 1.81 Hong Kong dollars, or 23 cents.

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