U.S. retailers’ shares tumbled as investors appeared more wrapped up in anxiety over China and Ukraine than in improving results for domestic retail sales.
The S&P 500 Retailing Industry Group logged its fourth consecutive day of declines — and by far the largest in the last week — with a 1.3 percent fall to 919.80. That fell in between the 1.2 percent drop in the S&P 500, to 1,846.34, and the 1.4 percent decline in the Dow Jones Industrial Average, to 16,108.89.
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?"