U.S. Retail stocks took most of their cues from earnings reports and 2014 guidance, ending the week with their third straight day of losses.
The S&P 500 Retailing Industry Group fell 0.5 percent to 917.83 today, down 0.4 percent for the week and off 2.3 percent for the year so far. Both the Dow Jones Industrial Average and S&P 500 were down for the day but up for the week, with the Dow off 0.2 percent to 16,302.70, 1.5 percent ahead of its resting point last Friday, and the S&P off 0.3 percent to 1,866.40, 1.4 percent above last Friday’s mark.
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)