By  on May 17, 2010

Broad declines on Friday were insufficient to keep U.S. retail stocks from posting increases for the week.

The S&P Retail Index fell 5.37 points, or 1.2 percent, to 454.87 on Friday, preserving the better part of its 2.6 percent gain for the week and putting the year-to-date increase back into double-digit range at 10.6 percent. The 2010 pickup was literally cut in half, to 7.8 percent, during the prior week amid the near hysteria over the Greek debt crisis and the still-unexplained trading glitch that sent stocks tumbling two Thursdays ago.

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