Walmart Earnings | Homebuilder Confidence: Economic Indicators

Walmart Reports 43% Online Revenue Surge

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Tuesday, February 19. Major U.S. stock indexes saw slight gains today, with the Dow Jones Industrial Average, S&P 500 and NASDAQ up 0.2%, 0.1% and 0.3%, respectively. Walmart reported strong fourth-quarter earnings, revealing a 4% gain in comparable store sales as a result of a 43% spike in online revenue. Meanwhile, the National Association of Home Builders/Wells Fargo Housing Market Index rose 7% and beat expectations in February.

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