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August 22, 2019

Stocks climb after major retailers post solid earnings

By ALEX VEIGA
AP Business Writer

Strong earnings reports from several big retailers helped drive stocks broadly higher on Wall Street Wednesday as the market bounced back from its first loss in four days.

Target notched its biggest-ever gain, while Lowe's had its best day in more than a year, leading a broad rally in companies that rely on consumer spending. Nordstrom, Kohl's, Gap and other retailers closed higher.


 
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