Stocks are mixed as a slightly worse-than-expected US weekly jobless claims report is balanced by strong export data from China.
The biggest economy in Latin America and the fifth-largest country in the world is still a mostly untapped market for the retailer.
Goldman initiates retailers, including Michael Kors with a 'conviction buy' and Coach with a 'sell.'
Stocks pare earlier gains after tough words from House Speaker John Boehner aimed at Democrats and the White House.
Taser is downgraded to 'neutral,' and Aeropostale is downgraded to above average.'
Guess shares continue to climb after 3Q results, but Aeropostale's and Rue21's tumble.
Asian, European shares rise on hopes congressional leaders would reach a deal to avoid the fiscal cliff.
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