The S&P 500 index rose modestly but breakouts remained scarce. Google (GOOGL) and Wal-Mart (WMT) teamed up on voice-based shopping while Amazon (AMZN) announced Whole Foods (WFM) price cuts and other moves that roiled grocery sellers. Salesforce (CRM), Apple (AAPL) supplier Broadcom (AVGO) and Veeva Systems (VEEV) delivered strong results but the stocks had mixed reactions. Several beaten-down retailers rallied on earnings.
Stocks Rally But Still Tested