U.S. stocks took their cues from improved data on jobs, rather than mixed news about earnings, and sent the Dow Jones Industrial Average to its first close above 16,000.
The S&P 500 Retailing Industry Group rose 0.5 percent to 916.60 today as retailers including Gap Inc. and Target Corp. reported results for the challenging third quarter. The Dow advanced 0.7 percent to close at16,009.99 after flirting with and briefly beating the round-number milestone earlier in the week, and the S&P 500 led the U.S. indices with a 0.8 percent jump to 1,795.85.
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)