Coach parent company Tapestry Inc. shares rose 5.2% in early Tuesday trading, leading a retail rebound after Tuesday’s record-setting decline in the Dow Industrials. Urban Outfitters Inc. shares are up 4%, J.C. Penney Co. Inc. shares are up 3.6%, Abercrombie & Fitch Co. stock is up 1.3% and Nordstrom Inc. is up 2.3% shortly after the opening bell. Guess Inc. , which saw a sharp decline in shares late last week after model Kate Upton leveled allegations of misconduct against the company’s co- founder, saw it shares rise 2.2% early. And Fossil Group Inc. shares surged 3.7% Tuesday. American Eagle Outfitters Inc. , Macy’s Inc. , Michael Kors Holdings Ltd. and Kohl’s Corp. are each up more than 1%. In sporting goods, Foot Locker Inc. and Dicks Sporting Goods Inc. are each up. The S&P 500 index is up 0.6% in Tuesday trading, the Dow Jones Industrial Average and the SPDR S&P Retail ETF is up 0.7% for the day so far.
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