A retail rally helped spur broad gains in U.S. stock markets Thursday after stores turned in June comps results that bested low expectations.
Wal-Mart, a component of the Dow Jones Industrial Average, posted better-than-expected same-store sales for the first time since March and reiterated its second-quarter earnings guidance range. The company said surveys showed consumers continued to struggle financially and higher gas prices were their greatest concern.
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?"