Stock prices around the world tumbled Friday after Washington’s tentative deal to buy up bad mortgage debt and easethe flow of capital though Wall Street met with stiff opposition from House Republicans.
After 45 minutes of trading in New York, Standard & Poor’s Retail Index was down 1.4 percent, or 5.17 points, to 366.16, outstripping the decline in the Dow Jones Industrial Average, which was off 0.6 percent, or 66.98points, to 10,955.08.
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)