Higher than expected Walmart profit lifts Dow, consumer stocks
The US retail giant defied the decline in holiday sales.
Nevil Gibson
Wed, 20 Feb 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Shares of US retail giant Walmart pulled blue chips and dozens of other consumer-staple companies in the S&P 500 higher as trading resumed on Wall Street after a long weekend.
Investors got a much-needed dose of retail optimism after Walmart reported better-than-expected sales and profit in the
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Nevil Gibson
Wed, 20 Feb 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.