By  on December 2, 2009

Retail stocks roared back Tuesday on signs of mounting economic vitality and indications e-commerce might supply some of the consumer spending energy brick-and-mortar retail formats appear to lack.

Bouncing back from a 0.5 percent decline Monday, the S&P Retail Index began the month with a 7.28 point, or 1.8 percent, advance to 409.45 after falling as low as 397.49 in Monday’s session. The retail index outperformed the major indices, but all registered gains of 1.2 percent or more. The Dow Jones Industrial Average rose 1.2 percent to 10,471.58.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus