When President Donald Trump said there would be a lot of winning, he wasn’t kidding!
U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump.
Wal-Mart’s shares were the top gainer in the Dow Jones Industrial Average, rising 3 percent after the world’s largest retailer reported higher-than-expected U.S. sales.
Home Depot shares gained 1.4 percent after the home improvement retailer reported higher-than-expected quarterly profit and sales, boosted by a strong U.S. housing market.
In broad gains that saw all 11 major S&P 500 sectors close higher, nearly one in every five stocks on the benchmark index hit a new 52-week high.
There was never this kind of confidence in the free market under former President Obama! This is solely because of Trump’s presidency!