The price of crude oil has become one of the most critical variables in investment algorithms, and is now firmly correlated to the market.
And for fashion apparel retailers, a cautious consumer-spending environment may be the biggest headwind faced.
Although there were many bright spots in the global equities market, the year ended mostly on a down note for fashion apparel, accessories and retail stocks.
Troubled by a decline in commodity prices and a slowed global economic growth outlook, active investors stood on the sidelines today, which lowered trading volume and created volatility that reverberated across all sectors.
Despite declines in China market, Dow and U.S. equities bounce back.
A strong jobs report brings back rate talks as Blue Nile beats, but Groupon earnings disappoint.
Luxury brand Kering and package delivery company UPS both benefited from strength in Europe, sending stocks higher.