Debt downgrades for luxury retailers Nordstrom Inc., Neiman Marcus Inc. and Saks Inc. failed to blunt a leap on Tuesday in retail stocks, which posted their second-largest gain this year and their fifth advance in six sessions. Retail shares rose 5.4 percent and outpaced the broader market amid hints of stability in parts of a consumer economy in general free fall.
The S&P Retail Index perked up 13.74 points to 269.34, 17.7 percent above its March 9 level of 228.76. The Dow Jones Industrial Average rose a milder 2.5 percent, or 178.73 points, to 7,395.70.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)