January sales declines and a spike in unemployment were not enough to keep investors on the sidelines Friday as retail shares rallied 4.2 percent in mid-afternoon trading.
The Standard & Poor’s Retail Index advanced 11.33 points to 281.32, adding to its 3.3 percent gain Thursday, when many large chains detailed monthly sales declines, in many cases reaching into double-digits. Retail was outperforming the market overall in afternoon trading Friday, with the Dow Jones Industrial Average up 2.8 percent, or 225.56 points, to 8,288.63.
"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)