Shares of retailers and other consumer companies rallied amid optimism about the holiday-shopping outlook and the possibility of an extension for the child tax credit.

Discount giants Walmart and Target both rose by more than 1% as shoppers stocked up for Halloween.

Shares of rental-car chain Hertz Global Holdings rose after it ordered 100,000 vehicles from Tesla to stock its fleet.

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

(END) Dow Jones Newswires

10-25-21 1710ET