<\/p>\n
\u00a0The three major indices of US stocks closed with gains when they closed the session on Tuesday, benefiting from the retail sector stocks supported by the US retail sales index exceeding expectations in October, while US companies and institutions continue to announce their quarterly results for the third quarter, as markets ignore the state of fear and anxiety caused by measures The US Federal Reserve is expected to tighten monetary policy.<\/span><\/span><\/p>\n US retail sales came in better than market expectations, as sales rose by about 1.7% in October, the highest level in seven months, and rose for the third month in a row, after rising by about 0.7% in the September reading revised to 0.8%, while expectations indicated that it would rise by about 1.3%.<\/span><\/span><\/p>\n . The index on the retail sector in the S&P 500 index recorded increases of about 1.4% during the session, to be one of the best performing sectors within the index.<\/span><\/span><\/p>\n At a time when companies and financial institutions announce their quarterly results, the two largest retail companies announce their financial results with the day of the retail sales index, where Walmart, the retail giant and Home Depot, announced their quarterly results.<\/span><\/span><\/p>\n Home Depot surpassed Wal-Mart in terms of market value, after Home Depot reported results that exceeded expectations, with revenues of $36.82 billion, an increase of 9.8% in the third quarter, while Walmart, the retail giant, reported $3.11 billion in profits in the third quarter. <\/span><\/span><\/p>\n Home Depot’s stock jumped 5.73% at the close at levels of $392.33, while Wal-Mart’s stock fell by about 2.55% at the close at levels of $143.17, exceeding the market value of Home Depot of $414 billion and Wal-Mart, whose value fell to $397 billion at the close. <\/span><\/span><\/p>\n The electric car company, Tesla, rose about 4% at the close, even as CEO Elon Musk sold $930 million worth of shares. Peloton Interactive Inc., a home fitness company, which announced a $1 billion public offering of common stock on Tuesday, rose 15.5%.<\/span><\/span><\/p>\n Companies continue to announce their quarterly results today, Wednesday, as Target, Nevada and Cisco companies will announce, in addition to many companies and financial institutions. <\/span><\/span><\/p>\n The Dow Jones Industrial Average closed up by (54) points at the close at 36,142 levels, with gains of about 0.15%, and is now trading in futures for today’s session, Wednesday, at 36.058 levels, down by about 5 points. <\/span><\/span><\/p>\n While the S&P 500 index recorded highs at the close at 4.700 levels, up by about (18) points or 0.39%, and it is now trading in futures at 4.692 levels, down by about 3 points.<\/span><\/span><\/p>\n While the Nasdaq index recorded gains by (120 points), to close the session at 15,973 points, recording a profit of about 0.76%, and it is now trading at 16,284 levels, up by about 16 points.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" \u00a0The three major indices of US stocks closed with gains when they closed the session on Tuesday, benefiting from the retail sector stocks supported by the US retail sales index exceeding expectations in October, while US companies and institutions continue to announce their quarterly results for the third quarter, as markets ignore the state of […]<\/p>\n","protected":false},"author":1,"featured_media":2670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-2669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-18"],"acf":[],"yoast_head":"\n