By  on July 17, 2008

As oil prices again fell, retail stocks gained Wednesday, generally making back — and, in some cases, far surpassing — ground lost in turbulent trading sessions this week and advancing at more than twice the rate of the general market.

The Standard & Poor’s Retail Index jumped 17.8 points to 341.6, translating into a 5.5 percent gain, just one day after hitting a 52-week low.

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