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Futures rise after upbeat results from Walmart, Home Depot

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Reuters

By Medha Singh (Reuters) – U.S. stock index futures climbed on Tuesday after better-than-expected results from Walmart and Home Depot signaled strength in consumer demand against the backdrop of rising prices. Walmart, the world’s biggest retailer gained 1.5% after raising its full-year earnings forecast as additional stimulus checks increased spending for apparel and electronics. Top U.S. home improvement retailer Home Depot’s shares rose 2.3% in premarket trading after beating quarterly same-store sales estimates, as demand remained strong even as vaccinations opened up more traditional aven…

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