The S&P 500 Retailing Industry Group ended a four-session string of closes above the 900 level as the index fell 1.3 percent to 894.89.
The index began the year at 939.81 but first fell below 900 on Jan. 24. Overall this year, it has closed above that mark on just 43 of the year’s 129 trading days. It closed at 902.28 a week ago and had closed above 900 at the end of the three trading sessions since then before today.
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)