Wall Street retreated Monday, pushing retail stocks down 0.8 percent after Standard and Poor’s cut its outlook on U.S. debt, underscoring the stakes in Washington’s debate on how to cut the nation’s looming budget deficits.
The S&P Retail Index slipped 4.33 points to 524.06 as the Dow Jones Industrial Average ended down 1.1 percent, or 140.24 points, to 12,201.59, having recovered from a nearly 250-point drop.
"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)