Stocks Rise on Strong Consumer Market
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market surgeYahoo Finance
•Stock market today: US stocks rise after retail sales, jobs data as Walmart surges
83% Informative
The Nasdaq Composite popped almost 1.2% , while the benchmark S&P 500 and Dow Jones Industrial Average rose about 1% . Walmart shares surged more than 7% after a largely positive report in which it posted both earnings and revenue beats.
Last month's retail sales soared far past Wall Street's expectations in a sign that US consumers remain quite resilient.
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