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stocks keep jumping, led by retailers

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stocks keep jumping, led by retailers

rising retailers pushed u.s. stock indexes further into record territory friday, as the market's fabulous start to 2018 carried through its second week.interest rates also climbed after a report showed that a key component of inflation accelerated last month. but stocks absorbed the gains without a hiccup, unlike earlier in the week when rate worries helped cause the standard & poor's 500 to edge down for its lone blemish this year.the s&p 500 rose 18.68 points, or 0.7%, to 2,786.24 on friday to close out its seventh week of gains in the last eight. the index is already up more than 4% for 2018.the dow jones industrial average climbed 228.46 points, or 0.9%, to 25,803.19. the nasdaq composite rose 49.28 points, or 0.7%, to 7,261.06. the russell 2000 index of small-cap stocks rose 5.18 points, or 0.3%, to 1,591.97.retailers led the way after a government report confirmed that the holiday shopping season was a strong one. the numbers fit with what individual retailers have said recently, and several have raised their profit forecasts as a result.shares of kohl's, target, nordstrom and dollar tree all jumped more than 3%.treasury yields rose after a key measure of inflation rose more last month than economists expected.overall inflation slowed in december, but that was mostly because of gasoline and other items that are prone to quick changes in price. “core” inflation, which looks at the steadier components of the consumer price index, accelerated more than expected last...