Wall Street To Wal-Mart: Thanks!

Wall Street To Wal-Mart: Thanks!

Wal-Mart led a broader stock market rally Tuesday morning, as investors piled back into stocks after a turbulent period that left the Dow Jones industrial average below 13,000 for the first time this fall.

The Dow Jones industrial average (Charts) added around 100 points in the early going. The S&P 500 (Charts) index added 1 percent and the Nasdaq composite (Charts) added 1.2 percent.

Wal-Mart Stores (Charts, Fortune 500) reported higher third-quarter earnings that topped estimates and lifted its full-year earnings forecast to a range that is higher than analysts' current forecasts. The world's largest retailer also issued a somewhat cautious outlook for the fourth quarter, which includes the crucial holiday period.

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