Wal-Mart reopens stores in the Gulf region

Wal-Mart Stores Inc. [s:L wmt] said it has reopened all but five of its stores in the Gulf of Mexico region. The stores that have not opened were located along the coast where Hurricane Harvey made landfall. The company said it is accelerating deliveries of items like water, cleaning supplies, milk, socks and towels to the area. Wal-Mart is also helping at shelters in places like Houston, Dallas, and Shreveport, La., including pharmacy services at Kay Bailey Hutchison Convention Center in Dallas. Wal-Mart shares are unchanged in Tuesday premarket trading, and up 13.4% for the year so far. The S&P 500 index is up 10.6% for 2017 so far, and the Dow Jones Industrial Average is up 11.3% for the period.

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