Talk of a recession — real or not — spooked Wall Street on Wednesday, resulting in seesaw trading that rocked retail stocks.
The Dow Jones Industrial Average fluctuated over 200 points during the session, from as low as 12,502.33 in afternoon trading before rebounding and closing up 1.2 percent at 12,735.31. The broader S&P 500 ended the day up 1.4 percent at 1,409.13, after sliding into negative territory earlier. But on the eve of the release of December same-store sales today, which analysts expect to be lackluster, it was the S&P Retail
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?"