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The S Information Technology Index was up 0.5 percent on Tuesday and the S Retail Index was up 1.1 percent. „A lot of stocks got taken down sharply as a result of what was going on in Japan, and very unfairly, particularly in the technology space and you are seeing technology and retail kind of lead the charge higher.“ said Peter Kenny, managing director at Knight Equity Markets in Jersey City, New Jersey. Consumer confidence fell in March as households worried about inflation, while home prices dropped for the seventh straight month in January.

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