Tag: Wal-Mart Stores

Wal-Mart lifts Dow to record; Spanish stocks slide

by John Biers Agence France-Presse NEW YORK, United States (AFP) — A strong forecast from retail behemoth Wal-Mart propelled the Dow to a fresh record Tuesday, while  the Catalan political crisis in Spain weighed on European equity markets. Wal-Mart Stores surged 4.5 percent after projecting fiscal 2019 sales would rise at or above three percent following a deeper push into e-commerce. The retail giant also announced a $20-billion share repurchase program. Wal-Mart’s gain helped lift the Dow […]