DOW STAGES COMEBACK AND RETAILERS ALSO RISE

NEW YORK — Many retail stocks recovered Thursday from recent thumps on the market as the Dow Jones Industrial Average bounced back 154.20 points Thursday, or 1.56 percent, to reach 10,010.73.
Specialty chains particularly caught the investor’s eye as big gains were scored by Abercrombie & Fitch, 1 3/4 to 16; Gap, 1 11/16 to 45 5/8; Intimate Brands, 1 13/16 to 31 13/16; The Limited, 1 3/4 to 34; Neiman Marcus Group, 1 7/16 to 22 5/8; Pacific Sunwear, 3 1/16 to 27 1/8; Charlotte Russe, 2 to 13 7/8; Tiffany & Co., 2 11/16 to 65 1/4, and Zale, 2 5/8 to 39 1/2.
Target Corp., which said it would repurchase another $1 billion worth of its stock, climbed 1 7/8 to 60 1/16. Sears, Roebuck added 1 11/16 to 18 5/8 and Wal-Mart, 5/8 to 48 15/16. Shopko Stores rose 1 11/16 to 18 5/8 after reporting fourth-quarter earnings four cents ahead of Wall Street consensus estimates. Lands’ End jumped 4 5/8 to 35 1/2 after forecasting strong earnings for 2000.
Among vendors, LVMH Moet Hennessy Louis Vuitton climbed 3 1/2 to 76 while reporting profits in 1999 surged 40 percent. Rival Gucci Group shot up 5 3/16 to 91 3/16.
Other gainers included Fossil, up 2 1/8 to 22 3/8; Guess, 1 3/16 to 21 3/8; VF Corp., 1 11/16 to 23 7/8; Jones Apparel Group, 1 1/4 to 25 3/4; Mossimo Group, 15/16 to 7 1/4, and Estee Lauder, 7/8 to 43. Tefron Ltd. rose 1 1/16 to 17 1/16 after reporting fourth-quarter earnings surged to 25 cents a share from 11 cents a year ago.

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