By  on November 18, 2008

Specialty stores sustained the worst damage as retail stocks took another beating Monday, their fifth day of decline in the last six sessions.

The Standard & Poor’s Retail Index closed at 239.98, off 6.6 points, or 2.7 percent. The drop was slightly greater than the major indices. The Dow Jones Industrial Average lost 223.73 points, or 2.6 percent, and the S&P 500 was down 22.54 points, also 2.6 percent, to 850.75.

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