By and  on May 25, 2010

The third straight monthly rise in consumer confidence boosted retail stocks Tuesday and helped the sector fight back into positive territory following a very weak start, when the market plunged to levels not seen since October.

The S&P Retail Index fell as much as 2.7 percent before rebounding to 440.60, a gain of 1.4 percent, or 5.99 points, for the day.

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