After dropping a total of 2.3 percent in the previous two days, retail stocks fell 0.3 percent on Wednesday as a new report showed the job market, while still tough, improved a bit last month.
Private employers shed 298,000 jobs in August, a slowdown in the rate of decline from the 360,000 positions eliminated in July, according to the ADP National Employment Report. It was the smallest drop in employment since September 2008.
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?"