U.S. retail stocks easily outpaced the major indices as equity trading slowed for the Veterans Day holiday today.
The S&P 500 Retailing Industry Group advanced 0.9 percent to end the day at 896.60, a more robust performance than the 0.1 percent gains logged by the Dow Jones Industrial Average and S&P 500, which closed at 15,783.10 and 1,771.89, respectively. Despite the small gain, the Dow’s close set another record high.
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)