Dow, S&P 500 Climb as Upbeat Results From Walmart, Others Boost Optimism

Dow, S&P 500 Climb as Upbeat Results From Walmart, Others Boost Optimism
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York, on Aug. 8, 2022. Andrew Kelly/Reuters
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NEW YORK—The Dow and S&P 500 rose on Tuesday as stronger-than-expected results and outlooks from Walmart and Home Depot bolstered views on the health of consumers, while technology shares declined and weighed on the Nasdaq.

The S&P 500 consumer discretionary and staples sectors gave the benchmark index its biggest lift, while the S&P 500 retail index rose 1.9 percent.