Retail stocks suffered their biggest sell-off of the year, shedding 3 percent of their value, as weak same-store sales results exacerbated investor concerns about the condition of consumer spending.
The S&P 500 Retailing Industry Group dropped 26.40 points, or 3 percent, to end the difficult session at 860.66. The Nasdaq dropped 3.1 percent to 4,054.11 and the Dow Jones Industrial Average and S&P 500 indices did only marginally better, dropped 1.6 percent to 16,170.22 and 2.1 percent to to 1,833.08.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)