Home Depot leads Dow higher

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November 17, 2021

Home Depot leads Dow higher

By DAMIAN J. TROISE
AP Business Writer

Stocks closed higher on Wall Street Tuesday as investors reviewed solid earnings reports from big retailers and a surprisingly strong report on consumer spending.

The government reported that Americans largely shrugged off higher prices last month and stepped up their spending at retail stores and online. The Commerce Department said retail sales rose 1.7% in October. That’s the biggest gain since March and up from 0.8% in the previous month.

 
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