By  on July 27, 2009

Retail stocks headed into the final week of the fiscal second quarter on a high note.

Despite a 0.3 percent drop on Friday, the S&P Retail Index finished last week with a 4.7 percent gain, coming to rest at 351.39 following a 2.7 percent gain on Thursday. The upswing gave the index a 13.5 percent increase over the last two weeks and translated into the fourth week of advances in the past five. For the year, it’s up 25.8 percent.

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