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The ASX200 has been up around 0.6% to 7,825 points in early afternoon trade. The local index is replicating Wall Street’s rebound and led by retail stocks, is up for the second day in a row. The Discretionary sector is the best performer, up around1.6%, followed by Information Technology 1.5% and Telecommunication around 1.1%. JB Hi-Fi (ASX:JBH) has been up more than 8% after releasing FY24 results and announcing the acquisition of E & S and Co. The company also declared a special fully franked dividend of 80 cents per share. Despite flat sales, declining profit and reduced earnings, investors…

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