Wall Street shares rose early Tuesday following a strong US retail sales record, even as Dow member Walmart tumbled following disappointing income.

US retail sales rose 0.9% in April as vehicle sales rebounded and categories together with electronics, home furniture, and eating places saw sturdy gains.

The report suggested the continued strength of the American consumer, although some of the gains also went to higher prices for gasoline and other staples.

“The key takeaway from the report, which is not adjusted for inflation, is that higher pricing helped in the sales growth, yet spending increased across most discretionary categories,” said Briefing.com analyst Patrick O’Hare.

About 15 minutes into trading, the Dow Jones Industrial Average was up 1.0 percent at 32,536.81.

The huge-based totally S&P 500 gained 1.4percentage to 4,063.52, even as the tech-rich Nasdaq Composite Index jumped 2.3 percent to 11,926.29.

Walmart slid extra than 8 percent as it said a 25 percent drop in quarterly income to $2.1 billion due to better fees for hard work, meals, and fuel.