It was a solid day for fashion on Wall Street.
The S&P 500 Retailing Industry Group gained 0.4 percent, or 3.15 points, to 836.50 — better than the Dow Jones Industrial Average’s 0.1 percent gain to 15,555.61 — and several fashion players moved up strongly.
Under Armour Inc. lead the pack, jumping 12.2 percent to $69.38 after beating analysts’ second-quarter profit projections and raising its revenue outlook for the year. Also showing strong gains were Destination Maternity Corp., up 8.1 percent to $31.29; Pacific Sunwear of California Inc., 6.1 percent to $4.20 and The Jones Group Inc., 5.3 percent to $17.
In the tech world, Facebook Inc. shot up 29.6 percent to $34.36 after strong growth in mobile advertising helped the company post $333 million second-quarter profit.
In Europe, the main stock idexes closed down as several large companies, including chemical maker BASF SE and Michelin, posted results that fell short of analysts’ expectations. The DAX in Frankfurt fell the furthest, by 1 percent to 8,298.98, followed by London’s FTSE 100, which shrank 0.5 percent to 6,587.95. Paris’ CAC 40 lost 0.2 percent to 3,956.02, while Milan’s FTSE MIB dipped 0.1 percent to 16,431.97.
The pound traded at $1.51 against the dollar and the euro was worth $1.31.
Retail and luxury stocks were mostly down, with the day’s biggest fallers including Yoox, down 3.4 percent to 19.20 euros; Hermès International, 1.6 percent to 254.20 euros, and Marks & Spencer, 1.4 percent to 4.79 pounds.
Among the few stocks making small gains were Luxottica, up 0.8 percent to 40.05 euros, and Tod’s, which advanced 0.9 percent to 120.60 euros.