Shares of retailers and other consumer companies rallied as jobs data added to mounting optimism about the outlook for retailers and home builders.

Rapid growth in U.S. home prices continues to build momentum, driven by lack of supply and low mortgage rates, according to credit-ratings agency Fitch.

French food-services giant Sodexo boosted its growth projection for the second half of its fiscal year after booking strong quarterly revenue growth.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

07-02-21 1714ET