8/15/2019, 10:29 PM (Source: TeleTrader)
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Trump praises Walmart, US economy

United States President Donald Trump praised on Thursday retail giant Walmart's strong quarterly earnings, stating the company is "a great indicator as to how the US is doing."

"Walmart, a great indicator as to how the US is doing, just released outstanding numbers. Our Country, unlike others, is doing great! Don’t let the Fake News convince you otherwise," he wrote on Twitter.

Walmart's second-quarter results topped expectations after the company announced its 20th consecutive quarter of sales growth.

Shares of Walmart closed 6.11% in the green at the end of the session on Wall Street today.

Breaking the News / JC