Better retail sales in February helped stoke investor optimism Tuesday, pushing the Dow Jones Industrial Average over 13,000, while the S&P Retail Index topped 600.
Sales at apparel and accessories stores rose a seasonally adjusted 1.8 percent to $19.7 billion in February compared with January, while sales at department stores rose 1.5 percent to $15.4 billion. General merchandise stores, a category that includes department stores and discounters, posted a 0.1 percent decline to $53.6 billion.
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?"