Retail stocks slid 2.8 percent on Monday as stores and investors limped toward fourth-quarter results next month and President Bush, at the request of President-elect Barack Obama, asked Congress for the remaining $350 billion in bailout funds agreed to in October.

The Standard & Poor’s Retail Index fell 8.06 points to 277.37, outpacing the market on the way down.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus