Continued anxiety about the economy, tempered by news of a new mortgage relief package and signs of some renewed life in stores, led stocks to a modest decline on Wednesday.
After a lively bounce in the morning, the S&P Retail Index finished the trading day down 1.53 points, or 0.6 percent, at 250.01, a vast improvement over Tuesday’s 3.8 percent decline. The major indices finished the day not far from where they started it, with the Dow Jones Industrial Average up less than 0.1 percent at 7,555.63 and the S&P 500 and Nasdaq Composite off 0.1 and 0.2 percent, respectively.
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)