Retail took a one-two punch last week — first from mixed May sales reports and then a disappointing reading on the job market — significantly clouding second-half prospects just three weeks after stocks in the sector hit an all-time high.
The S&P Retail Index retreated 1.4 percent, or 7.44 points, to 510.53 Friday, ending down 3.6 percent for the week and 7.5 percent below the high set May 13. The Dow Jones Industrial Average fell 0.8 percent, or 97.29 points, to 12,151.26, making for a 2.3 percent weekly decline.
"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)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)