By  on October 20, 2008

Federal Reserve Board chairman Ben Bernanke’s support for another fiscal stimulus package buoyed investors Monday, but retail issues lagged the broader market as the plight of everyday shoppers, especially those with already tenuous access to credit, came into sharper relief.

Shares in the Standard & Poor’s Retail Index rose 1.7 percent, or 4.73 points, to 282.60. Although the third straight day of gains, the finish was 39.4 percent below the index’s 52-week high, reached last October.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus