By  on June 22, 2009

Retail stocks found a measure of redemption Friday, rising 1.2 percent, but the sector lost ground for the week as the rally that began in March continued to sputter.

The S&P Retail Index inched up 3.66 points to 320.07 for the day, but dipped 3.6 percent for the week. The Dow Jones Industrial Average fell 0.2 percent, or 15.87 points, to 8,539.73 on Friday and declined 2.9 percent for the week.

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