Morning Report 17 Nov 21: US shares climb after strong retail sales data

US sharemarkets were firmer on Tuesday. A strong reading on retail sales boosted investor sentiment. Shares in Walmart fell 2.55%. The nation's largest retailer lifted annual sales and profit forecasts but supply chain issues hit third quarter margins. Shares in Home Depot rose 5.7% after it beat same-store sales estimates. At the close, the Dow Jones index was up by 55 points or 0.2% after being up 229 points. The S&P 500 index was up 0.4%. And the Nasdaq index was up by 120 points or 0.8%.

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