Shares of The Talbots Inc. led the retail sector Tuesday, shooting ahead 22 percent on the heels of an upgrade from FBR Capital Markets.
The S&P Retail Index fell 0.9 percent, or 3.11 points, to 357.09, as the Dow Jones Industrial Average inched up 0.4 percent, or 33.63 points, to 9,320.19. The S&P 500 rose 0.3 percent, or 3.02 points, to 1,005.65, its second consecutive close above 1,000.
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)