The Dow Jones industrial index rose 0.7 percent, backed by positive figures from the retail trade that pleased investors and signaled that consumption will remain strong.
Among the winners was department store giant Walmart, which reported an increase in sales that was higher than analysts had expected. The stock rose 5.1 percent. The home depot chain Home Depot’s numbers also exceeded expectations and the stock rose 4.1 percent. Further reports from the retail trade, including from the Target store chain, are expected on Wednesday.
Among the losers was the technology sector. Electric car manufacturer Tesla retreated 0.9 percent, Google’s parent company Alphabet and Microsoft both went down 0.3 percent.