Despite soothing words from Federal Reserve chairman Ben Bernanke on Thursday, who said he supported an economic stimulus package, investors remained wary of the economy after a Fed report showed a sharp decline in manufacturing activity.
As a result, the Dow Jones Industrial Average lost more than 300 points in afternoon trading, closing down 2.5 percent to 12,159.21 while the S&P 500 fell 2.9 percent to 1,333.27. Apparel shares were mixed with the S&P Retail Index shedding 0.7 percent to 371.45.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)