The New York Stock Exchange regained confidence in the strength of consumers on Tuesday, thanks to good quarterly results from large supermarkets, which pushed up the Dow Jones at the expense of the technological Nasdaq.
At the closing bell, the main index The Dow Jones gained 0.71% and the S&P 500 0.19%, to 34,152.01 points and 4,305.20 units, respectively, while the Nasdaq lost 0.19% to 13,102.55 units.
On a slow day, investors celebrated the announcements of Walmart and Home Depot, heavyweights of the Dow Jonesand bet on actions linked to consumption.
The number one supermarket Walmart raised its annual profit forecasts, after issuing a warning three weeks ago about its results, which sent markets crashing. At the close, the retailer was up 5.10% at $139.36.
Other securities of the sector favored as Target (+4.55%) and high-volume chain Costco (+1.33%). Amazon, the leading online retailer, also gained, 1.12% to $144.78.
Home Depot for its part rose 4.05% to 327.35 dollars, by obtaining quarterly results in line with expectations. Meta (-0.79%), Netflix (-1.37%) and Tesla (-0.89%) finished in the red.
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