U.S. stocks fell a second day, after equity benchmarks rose to record levels last week, as reports of escalating violence in the Middle East overshadowed data that boosted optimism in the world’s biggest economy.
Elizabeth Arden Inc., the maker of Elizabeth Taylor and Britney Spears brand perfumes, fell the most in more than five years after posting a surprise loss and hiring Goldman Sachs Group Inc. to help explore its options.
Christie’s International regained the record for the top jewelry auction one day after losing it to Sotheby’s, by selling the largest flawless vivid blue diamond in the world for $24 million at a sale in Geneva.
In the sanctuary above an herbal tonic bar, before a seated Buddha and a pair of mandalas, 48 volunteers for congressional candidate Marianne Williamson close their eyes and meditate as Annelise Balfour, the manager and head facilitator of the Source Spiritual Center, intones a welcome prayer.
Sotheby’s set a record for the biggest jewelry auction, raising $141 million in Geneva as a 100-carat Graff diamond ring was reoffered after a first round of bidding failed to reach a high enough price.