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Wall St Pares Gains As Retailers Tumble; Crude Oil Soars 6%

2016-04-08 20:04:05| Footwear - Topix.net

U.S. stocks pared healthy gains Friday as consumer-discretionary stocks, mainly retail and apparel companies like Gap Inc. ,sank, shifting investors' focus to shaky coming quarterly results. Meanwhile, crude prices were enjoying their best rally since February, aiding a surge in energy companies and offering a countervailing force to the market's laggards.

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