As Washington struggled to hammer out a compromise over the mortgage bailout, investors expressed their reservations about political gridlock and just how bitter a pill they would be asked to swallow by pulling their money out of stocks and moving it into commodities.
The Standard & Poor’s Retail Index closed on Monday at 371.13, a drop of 23.11 points, or 5.9 percent, the second-largest drop since the index was recalibrated in mid 2002. The largest drop for the measure of retail stocks was last Wednesday’s 6.4 percent fall.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)