Retail stocks continued to set new highs today on Wall Street, which also managed to press higher despite a more dour global economic forecast from the International Monetary Fund.
The S&P 500 Retailing Industry Group rose 0.6 percent, or 4.48 points, to 826.16 and traded as high as 827.94, a new record. The index has repeatedly pushed into new territory this year as low interest rates drove more investors into stocks. The Dow Jones Industrial Average, rose 0.5 percent, or 75.65 points, to 15,300.34.
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?"