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Dow Rises Over 10,000, Retail Stocks Respond.(Statistical data)

WWD

| July 08, 2010 | Karr, Arnold J.; Steigrad, Alexandra | COPYRIGHT 1999 Fairchild Publications, Inc. (Hide copyright information)Copyright

Byline: Arnold J. Karr With contributions from Alexandra Steigrad

Dow Rises Over 10,000, Retail Stocks Respond

A strong performance by financial firms helped pull the Dow Jones Industrial Average back above 10,000 Wednesday on a nearly 275-point gain, and retail stocks followed suit with a 2.4 percent advance of their own.

The S&P Retail Index finished the day at 393.05, up 9.38 points, for its biggest percentage gain since a 3 percent advance on June 10 and its fourth best performance of the year. The retail barometer, which enjoyed nearly an uninterrupted upward trajectory throughout the afternoon, fell below 400 on June 29 and has not regained that …

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