Positive reactions to fourth-quarter earnings reports from Macy’s Inc. and The Home Depot Inc. sent retail stocks higher even as the broader market declined slightly.
The S&P 500 Retailing Industry Group enjoyed its second strongest gain of the year, rising 1.9 percent to 920.19. With the advance, the index has more days of gains than declines — 19 versus 18 — for the first time in 2014. The close was just slightly below the 920.87 arrived at on Jan. 14.
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?"