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AP National Business

Wall Street opening slightly higher; Home Depot up 4%

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Published 8:43 AM

By JOE McDONALD
AP Business Writer

BEIJING (AP) — Stocks are opening slightly higher on Wall Street Tuesday led by gains in the consumer discretionary sector. Home Depot is leading the S&P 500 gainers after the hardware chain’s sales continued to surge last quarter in a hot housing market. New data also showed Americans sharply boosted their spending last month, pushing up retail sales and giving the economy a lift. The S&P 500 and the Dow Jones Industrial Average are up 0.3% in early trading, and the Nasdaq composite rose 0.2%.  Global stock markets are mixed after President Joe Biden and China’s Xi Jinping held a summit meeting by video link. 

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