Retail stocks hit a new record on Wall Street today, helped along by general market bullishness as well as solid increases from J.C. Penney Co. Inc. and companies weighing in with March sales results.
The S&P 500 Retailing Industry Group closed up 1.2 percent, or 9.01 points, to 747.34, having set a new record high of 751.72 in midday trading. Retail outperformed the Dow Jones Industrial Average, which rose 0.4 percent, or 62.90 points, to 14,865.14, the highest close ever for Blue Chip stocks.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"