Consumer companies rose amid earnings optimism.
Shares of TJX briefly touched an all-time high after reporting a strong fourth-quarter and providing growth projections that analysts at brokerage William Blair called “appropriately conservative.
“On a mid-February earnings call, Wendy’s Chief Executive Kirk Tanner had said the fast-food chain would experiment with dynamic pricing, but the company has backed off plans for “surge pricing” after a backlash.
Thousands of Walmart stores nationwide were temporarily unable to process many transactions after a software glitch emerged in the system that runs its cash registers and other equipment.
Thousands of Walmart stores nationwide were temporarily unable to process transactions after a software glitch emerged in the system undergirding cash registers and other equipment.
Shares of clothier Kontoor Brands fell after its fourth-quarter earnings lagged Wall Street expectations.
Write to Rob Curran at rob.curran@dowjones.com
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