Tuesday, May 22, 2012
Will mild winter mean summertime blues for retailers?
With the meteoric jump in shares of Apple Inc and turmoil in the bank sector garnering the spotlight in recent months, one group managed to fly under the radar despite strong gains - retailers. Photo: CorbisSince hitting a 13-month low in early October and flirting with bear market territory, the S&P 500 .SPX has risen 17.2 percent. During the same time frame the S&P retail index .RLX has climbed 22.6 percent. The gains were supported by a confluence of events: improvement in the domestic
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment