Home sellers wonder if the red-hot housing market is cooling off. And another big player is raising its minimum wage. The Dow has posted gains the last four sessions. Today – no different as strong returns from retailers led to another strong rally day on Wall Street.

The Dow gained 516 to close at 32,637
The Nasdaq jumped 2.5% gaining 305
The S&P was up 2% today, or 79 points higher.

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Shares of dollar-tree and dollar general popped today – up between 15 and 20% – after beating wall street expectations on earnings. Shoppers are squeezed by inflation and want cheaper prices. The companies raised outlooks for the year.

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Home listings jumped 9% last week as sellers worry they might miss the red-hot housing market. Mortgage rates are sharply higher and that’s caused many buyers to hold off.

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We keep talking about companies raising their minimum wage to compete. Now include Apple in that conversation. Starting salary for retail workers just went from $20 / hour to $22 / hour. Apple is contending with a tight labor market and pushes within stores to unionize.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.