This story first appeared in the September 22, 2009 issue of WWD. Subscribe Today.


The S&P Retail Index inched up 0.1 percent, or 0.27 points, to 385.79 Monday as the Dow Jones Industrial Average slipped 0.4 percent, or 41.34 points, to 9,778.86. Charming Shoppes Inc. led the stocks tracked by WWD and outpaced the market with a 9.8 percent rise despite no new developments at the firm. Investors will be watching for continued hints of economic improvement this week as the Federal Reserve weighs in on its benchmark federal funds interest rate Wednesday, and reports offer fresh readings on existing home sales Thursday and consumer sentiment Friday.

 

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