Retail stocks extended gains from Monday’s rally and rose 1.5 percent Tuesday.
The S&P Retail Index advanced 5.19 points to 343.67, marking a two-day surge of 7.8 percent. Retail stocks shot up Monday as hints of optimism in May economic reports — including a slower decline for U.S. manufacturing and more job postings online — outshined the historic bankruptcy of General Motors Corp.
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?"