By and  on April 22, 2010

Buoyed by positive jobs and home sales data, retail stocks on Thursday continued their recent rise with a 2.1 percent increase.

The S&P Retail Index climbed 10.23 points to 491.96 as the major indices ended the day with gains after morning losses. The retail barometer’s pickup was the third positive session in a row. It closed 23.1 percent above the 399.50 posted on Feb. 12, the day before the index vaulted over the 400 mark, where it has stayed since.

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