Investors on Wall Street Friday ignored pending federal government budget cuts after lawmakers failed to reach a compromise, suggesting they had already priced in the sequester and figured it was better than a complete government shutdown.
The Dow Jones Industrial Average rose 0.3 percent to 14,089.66, while the S&P 500 Retailing Industry Group rose 0.7 percent to 709.82.
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)