By  on July 19, 2011

Retail stocks started off the week with a 0.8 percent decline as the sector was caught in the general downdraft of European sovereign debt concerns.

The S&P Retail Index fell 4.54 points, or 0.8 percent, to close at 538.19 Monday as the Dow Jones Industrial Average also dropped 0.8 percent, or 94.57 points, to 12,385.16.

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