Financial Times FT.com

Wal-Mart results put consumer sector in spotlight

By Kiran Stacey in New York

Published: August 14 2009 03:00 | Last updated: August 14 2009 03:00

US stocks reluctantly joined the global equity rally yesterday, staggering to new highs for the year after weak economic data hampered what could have been a stellar day of trade.

R esults from Wal-Mart added to pre-market optimism sparked by the unexpected return to growth in France and Germany.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this