Investors continued to feel the rush of last week’s strong March sales reports, pushing the S&P Retail Index as high as 470.74, before retreating slightly and ending ahead 0.2 percent, or 0.90 points, at 469.16. The Dow was up 0.1 percent, or 8.62 points, to 11,005.97.
Retailers posted their strongest monthly comparable-store sales rise in a decade last week, aided by pent-up demand for fresh fashion, weak year-ago comparisons, an early Easter and warm weather.
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)