Encouraging news about consumer spending helped retail shares outperform the broader market.
The S&P 500 Retailing Industry Group was up 0.6 percent to 863.49 as the closing bell sounded. That was better than the fractional decline in the S&P 500, down less than 0.1 percent to 1,883.68, and the 0.1 percent drop-off of the Dow Jones Industrial Average to 16,558.87 one day after it ended trading with a record high close of 16,580.84.
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)