By and  on July 8, 2013

U.S. retail stocks hit an all-time high in midday trading Monday as the first full week of the second half of the year began on a nearly universally strong note.

The S&P Retail Industry Group Index rose 11.98 points, or 1.5 percent, to 821.68 after hitting its highest point ever, 822.33, in the final hour of trading. The major indices rose less robustly, with the Dow Jones Industrial Average up 88.85 points, or 0.6 percent, to 15,224.69 and the S&P 500 ahead 8.57 points, or 0.5 percent, to 1,640.46.

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