Global Markets: Wall Street shot up 1% on strong economic data

US stock indexes rose 1% on Thursday and were on pace to extend a two-day winning streak, lifted by better earnings from Cisco and Walmart, and robust economic data.

Global Markets: Wall Street shot up 1% on
Walmart Inc rose 3.3% after it reported its best first-quarter same-store sales growth in nine years. isco Systems Inc rose 6.1%, the most among the S&P and the Dow indexes. Photo: Reuters

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