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Shares of retailer Best Buy (BBY 30.22, +1.40) had gapped up at the open to their best level in more than a week, but the move was pressured so that gains were pared. The stock has since rebounded to reclaim gains, but it remains shy of its session high. Still, the stock remains one of this session's top performers, thanks largely to an upside earnings surprise in the company's latest quarterly report.
The rest of the retail space is also faring well. In fact, the SPDR S&P Retail ETF (XRT 50.83, +1.19) is on track for its best single session performance of the month.
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