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Stocks End Higher, Lifted by Retailer Results

May 27, 2022
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U.S. stocks rose Thursday and the Dow Jones Industrial Average notched a fifth consecutive day higher after strong results from retailers lifted sentiment across the market.

Heartening reports from Macy’s , Dollar General and Dollar Tree helped counter a gloomier view of retailers last week, when results from Walmart and Target  raised concerns that rising costs are eroding profits.

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