By and  on June 14, 2010

Retail stocks advanced 0.5 percent Monday, but Moody’s Investors Service’s downgrade of Greece’s government bonds into junk territory erased a three-digit advance by the Dow Jones Industrial Average.

The S&P Retail Index picked up 2.13 points to 436.16 after moving as high as 441.97 earlier in the day. The Dow, which rose more than 110 points before noon, gave back all of its gains and more, finishing at 10,190.89, a drop of 20.18 points or 0.2 percent.

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