An earnings beat from Wal-Mart has steadied stocks in the U.S. Also, total CPI (Consumer Price Index) increased 0.2 percent, inline with consensus and core CPI also jumped 0.2 percent.

Wal-Mart stock is rising over 2 percent this morning to $57.87 after the discount chain delivered third-quarter earnings per share of $1.03, better than the FactSet consensus of 98 cents per share. Sales were light for the quarter at $117 billion, when FactSet consensus was for $118 billion. Net income fell 11 percent to $3.3 billion. Sales at U.S. stores open a year rose 1.5 percent, the fifth straight quarterly increase.

The TJX Companies also pleased investors with its earnings as the stock jumped over 6 percent in early trading to $69.75. The off-price chain delivered earnings per share of 82 cents, which was lighter than the FactSet consensus of 84 cents. Sales came in at $7.75 billion an increase of 5.3 percent and higher than the FactSet consensus of $7.73 billion. Net income fell to $587.e million form $595 million last year for the same period. TJX raised its fiscal year 2016 guidance to a range of $3.26-$3.28, up from the previous range of $3.24-$3.28.

Dick’s Sporting Goods has caught the warm weather bug that has plagued many retailers this fall. The sporting retail chain missed earnings and sales estimates for the third quarter and cut its earnings forecast, pushing the stock down over 16 percent in early trading to $34.33. Dick’s delivered earnings per share of 45 cents, which was a penny short of the estimated 46 cents per share and at the low-end of the guidance range. Net income for the quarter was $49.2 million, excluding a litigation settlement charge it was $51.9 million.

Also missing the mark was Urban Outfitters, which reported its earnings after the market close on Monday and is now seeing its stock sell off over 12 percent in early trading to $19.83. Earnings were inline with what Wall Street analysts projected on average, but overall sales were almost $47 million shy of expectations. Investors were already annoyed that the apparel company acquired a pizza chain, which was announced Monday morning, by selling shares throughout the day. The company didn’t cite warm weather as being the problem, but said it was more a matter of fashion sameness.

In the European markets, all of the major indices moved higher fueled by a rally in defense stocks. Following Friday’s terrorist attack in Paris, stocks like Airbus, BAE Systems and Rolls Royce have climbed.

Asian markets closed mostly higher with the Japanese Nikkei up by 1.2 percent, the Hong Kong Hang Seng increased 1.2 percent and the Chinese Shanghai Composite, which had been up all day, ended the afternoon down 0.1 percent.

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