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
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