Investing.com - U.S. stocks were higher Tuesday as major retailer earnings beat estimates.
The DJI was up 0.44% at 10:15 ET after the Presidents Day holiday.
The S&P 500 added 0.47%.The tech-heavy Nasdaq composite gained 0.35%.
The dollar was higher on U.S. interest rate bets.
Oil was up over 1% as investors warmed to output cuts by major producers.
(NYSE:Home Depot), (NYSE:Wal-Mart) and (NYSE:Macy’s) Q4 earnings topped estimates.
Wal-Mart shares were up 2.97% at $71.43, while Home Depot added 0.76% to $144.09.
(NASDAQ:Kraft) was down 3.43% at $93.33 after pulling its bid for (LON:Unilever).