Wall Street stalled today, holding on to Friday’s job market and interest rate related gains.
The Labor Department said last week that the U.S. economy added 175,000 jobs in May while the unemployment rate ticked up to 7.6 percent. That report was seen as both strong enough to indicate the recovery continued and weak enough to suggest the Federal Reserve would continue to support markets with low interest rates.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)