By  on December 10, 2009

Retail shares slipped 0.7 percent Wednesday, the sector’s third decline in as many days, but a fresh reading on the consumer from Deloitte Research showed shoppers’ economic fundamentals are strengthening.

The S&P Retail Index fell 2.89 points to 401.19 as the Dow Jones Industrial Average, down for most of the day, inched up 0.5 percent, or 51.08 points, to 10,377.05.

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