Luxury stocks were pulled lower after industry bellweather LVMH reported a slowdown in revenue growth in the third quarter and first nine months of the year, and as its CFO said performance was likely to
normalize. Christian Dior , which like LVMH is helmed by French billionaire Bernard Arnault, fell 5%. Switzerland's Richemont dropped 4.2% as Burberry , Hugo Boss , Hermes and Kering all traded lower. — Jenni Reid