How major US stock indexes fared Tuesday
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The Associated Press
Wall Street closed higher Tuesday as investors reviewed solid earnings reports from retailers and an encouraging update on consumer spending. The S&P 500 rose 0.4%. The Dow Jones Industrial Average rose 0.2%, and the Nasdaq rose 0.8%. Home Depot rose 5.7% after the home improvement retailer reported surging sales and solid profits last quarter amid a hot housing market. New data also showed Americans sharply increased their spending last month. Technology and health care companies also rose. Communications companies lagged the market.Â