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February 24, 2009

Fed's Outlook, Macy's Spark Retail Stocks Rally Tuesday

Encouraging news boosted retail stocks to their best day in more than two months.

By and
with contributions from Vicki M. Young, Arnold J. Karr
financial/news

Better-than-expected results from Macy’s Inc. and some modestly encouraging remarks from the Federal Reserve chairman that the recession might end by 2010 boosted retail stocks to their best...

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