Retail and apparel stocks spiked Friday morning after the Supreme Court struck down President Trump’s sweeping tariffs.

Shares of Victoria’s Secret jumped 5%, while Lululemon and Dick’s Sporting Goods advanced about 2%. Dollar Tree and Abercrombie & Fitch saw smaller spikes.

Overall, the Dow closed up more than 200 points, or 0.5%. The Nasdaq gained 0.9% on Friday and snapped a five-week los…

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