News of the apparent bailout of CIT Group Inc. helped lift retail stocks to their highest level of the year Monday and contributed to strong gains throughout the equity markets.
The S&P Retail Index rose 6.69 points, or 2 percent, to 342.23 as the markets closed, just beating out the previous high-water mark of 342.1 established on May 5 and its second best showing, a 342 close on June 2.
"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)