10/06/2009

Online Retail Index stocks assured winners in the third quarter

The financial storm that raked the economy worldwide for a year is slowly receding, which was clear from the bullish third quarter on Wall Street.

E-commerce stocks sailed ahead of the broader market with the Internet Retailer Online Retail Index gaining 26% in the third quarter.

The Dow Jones Industrial Average and Standard & Poor’s 500 Index showed a gain of 15%.