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NEW YORK (TheStreet) -- Retailers are rallying on Friday, after the first round of companies that reported earnings this week came in better than expected.
The S&P Retail Index is growing 1.2% to 405.51, led up by big movers like rue21(RUE Quote), Abercrombie & Fitch(ANF Quote) and J.C. Penney(JCP Quote).
Rue21 began trading on the Nasdaq today with much fanfare. Shares of the teen retailer are soaring 29.7% to $24.65 after its initial public offering priced at $19, above expectations. ...
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