Financial stocks led markets down on both sides of the Atlantic today as J.P. Morgan reported weaker quarterly profits and European banks were told to hold more money in reserve given the continent's debt crisis.
In the U.S., the S&P Retail Index fell 0.4 percent, or 2.06 points, to 528.79 as trading settled and the Dow Jones Industrial Average retreated 0.4 percent, or 40.72 points, to 11,478.13. Most retail stocks lost ground including The Wet Seal Inc., down 8.9 percent to $4.10; Abercrombie & Fitch Co., 2.6 percent to $68.96; J.C. Penney Co. Inc., 1.8 percent to $29.70, and Wal-Mart Stores Inc., 0.3 percent to $55.01.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)