Retail stocks advanced 0.9 percent for the week as hopes of a global economic rebound increased, but a fresh reading of consumer balance sheets for May showed consumers were squirreling away more for savings even after getting government stimulus income.
Despite a rise for the week, the S&P Retail Index dipped 0.1 percent, or 16 points, to 322.89 Friday. The Dow Jones Industrial Average fell 0.4 percent, or 34.01 points, to 8,438.39 Friday and was down 1.2 percent for the week.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"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)