By  on April 26, 2010

Retail stocks again added to their value Friday, putting them up 4 percent for the week and 20.3 percent for the year.

After starting Friday’s session in negative territory, the S&P Retail Index rebounded in afternoon trading and rose 0.5 percent to 494.59, producing its third consecutive positive week and making for 10 up weeks out of the last 11. Simultaneously, the Dow Jones Industrial Average crossed Friday’s finish line with its eighth consecutive week of gains. The Dow closed up 0.6 percent at 11,204.28, rising 1.7 percent for the week and 7.4 percent for the year.

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