The Dow Jones Industrial Average rose 240.29 points, or 0.93%, to 26,202.73, the S&P 500 gained 23.92 points, or 0.82%, to 2,924.43 and the Nasdaq Composite added 71.65 points, or 0.90%, to 8,020.21.
NEW YORK: Wall Street's main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in U.S. consumer demand, and held gains after minutes from last month's Federal Reserve meeting showed policymakers had debated a more aggressive interest rate cut.
U.S. stocks moved solidly higher following better-than-expected results from retailers Target Corp and Lowe's Cos Inc . Target shares surged 20.4% after the big-box retailer raised its annual earnings forecast. Lowe's shares climbed 10.4% after the home-improvement chain beat profit estimates.
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