By and  on June 23, 2009

Retail shares dipped 1.6 percent Monday as investors fretted over the state of the economy and the timing of the recovery.

The S&P Retail Index fell 5.07 points to 315, as the Dow Jones Industrial Average had its largest one-day drop since April, giving up 2.4 percent, or 200.72 points, to close at 8,339.01.

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