Marks & Spencer and Sainsbury share prices are rising: here's why

Marks and Spencer (LON: MKS) and Sainsbury (LON: SBRY) share prices popped sharply on Wednesday. MKS jumped by 1.65% and moved to 260p while Sainsbury soared by 2% to 270p.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The main reason why the two companies jumped was because of the positive outlook of the UK retail sector. In a statement, Tesco, the biggest grocery chain in the country, said that its business was doing well and that inflation was eas ...