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Wednesday, August 19, 2020

Walmart Beats Q2 2020 Earnings and Fuels DJIA’s Rally


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With the Q2 earnings season way into its second half, most of the U.S. corporations have  delivered better than expected results. Yesterday it was Walmart’s turn, and it did not disappoint investors. 
The sector benefited from the pandemic as people hoarded more food and other goods due to the uncertainty about the disease and what the future may bring. U.S. online sales at Walmart increased dramatically, being responsible for a big chunk of the better…

The post Walmart Beats Q2 2020 Earnings and Fuels DJIA’s Rally appeared first on Vantage Point Trading.

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