Investors looked past anemic U.S. economic growth in the first quarter and sided with the Federal Reserve’s rosier outlook, pushing the Dow Jones Industrial Average to a record high close today.
The Dow gained 0.3 percent to close at 16,580.84 — which counts as a record for the close, although the index has tiptoed higher in intraday trading. Retail stocks also gained. The S&P 500 Retailing Industry Group advanced 0.1 percent to 858.45.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)