By  on June 9, 2009

Retail stocks are up 50.5 percent since their lows in March, but investors uncertain about when an actual recovery will set in seem unable to push shares higher with any lasting conviction.

The S&P Retail Index inched up 0.6 percent, or 1.91 points Monday, to 336.03. The gain came after a 4.8 percent rise last week. Despite the increases, retail stocks are still down 1 percent from the end of April.

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