U.S. retail stocks hit an all-time high in midday trading Monday as the first full week of the second half of the year began on a nearly universally strong note.
The S&P Retail Industry Group Index rose 11.98 points, or 1.5 percent, to 821.68 after hitting its highest point ever, 822.33, in the final hour of trading. The major indices rose less robustly, with the Dow Jones Industrial Average up 88.85 points, or 0.6 percent, to 15,224.69 and the S&P 500 ahead 8.57 points, or 0.5 percent, to 1,640.46.
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)