By  on September 11, 2009

Retail stocks inched up 0.6 percent Thursday and, along with the broader market, hit a new high for the year as the number of initial jobless claims fell last week.

The S&P Retail Index rose 2.17 points to 375.48, the best close so far this year. The Dow Jones Industrial Average increased 0.8 percent, or 80.26 points, to 9,627.48.

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