U.S. retail stocks gained 0.5 percent today, adding to Monday’s 1 percent gain, which was fueled by stronger-than-expected September retail sales.
The S&P 500 Retailing Industry Group rose 3.54 points, to 654.11. The Dow Jones Industrial Average gained 1 percent, or 127.55 points, to 13,551.78. Investors were encouraged by quarterly reports from Johnson & Johnson and Goldman Sachs.
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)