It's Big Retail's Turn to Move the Stock Market
Tuesday morning brought a mixed picture to Wall Street, as major market benchmarks were mixed in early trading. Growth stocks rebounded somewhat from their Monday swoon, but other stock indexes stayed relatively close to the unchanged mark. As of 11:15 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 63 points to 34,265. The S&P 500 (SNPINDEX: ^GSPC), however, had risen 2 points to 4,165, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had seen significant gains of 98 points to 13,477.
Earnings season continued to move forward, and plenty of investors were watching closely to see how some of the biggest players in the retail world have fared to start 2021. Walmart (NYSE: WMT) and Home Depot (NYSE: HD) had generally strong results, but their share prices didn't necessarily reflect the rebound that their businesses have seen from the extremely difficult conditions from a year ago.
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Source Fool.com
