A positive Beige Book report from the Federal Reserve lifted stocks late Wednesday, but retail shares failed to advance.
The S&P 500 Retailing Industry Group pulled back 0.2 percent to 919.28, shaking off a deeper decline earlier in the day. The Dow Jones Industrial Average enjoyed a second consecutive triple-digitgain, adding 108.08 points, or 0.7 percent, to end the session at 16,481.94, while the S&P 500 moved ahead 0.5 percent to 1,848.38.
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)