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Among the economic fundamentals, the Commerce Department released its second reading of second-quarter GDP, showing the U.S. economy grew at an upwardly-revised annual rate of 4.2 percent in the quarter, its best performance in nearly four years. The Dow Jones Industrial Average .DJI rose 60.55 points, or 0.23 percent, to 26,124.57, the S&P 500 .SPX gained 16.52 points, or 0.57 percent, to 2,914.04 and the Nasdaq Composite .IXIC added 79.65 points, or 0.99 percent, to 8,109.69. Eight of the 11 major sectors of the S&P 500 ended the session in positive territory, with the largest percentage gains coming from the consumer discretionary and technology .SPLRCT sectors.

Restaurant operator Yum China Holdings Inc (YUMC.N) extended its rally, and was up 5.5 percent after rejecting a $17.6 billion buy-out bid from a Chinese consortium, Among losers, Dick’s rose gold wavy cufflinks Sporting Goods Inc (DKS.N) fell 2.2 percent following an underwhelming earnings report, a drop in same-store sales driven by tighter gun controls and a decline in Under Armour (UAA.N) sales, Shares of American Eagle Outfitters Inc (AEO.N) dropped 6.5 percent after posting disappointing second quarter results and providing a lackluster forecast..

WASHINGTON (Reuters) - Boeing Co (BA.N) has been awarded a $805 million contract for design, delivery and support of four unmanned drones based on aircraft carriers that will be used to refuel aircraft for the U.S. Navy, the Pentagon said in a statement on Thursday. The Navy published a request for proposals in 2017 that sought a drone that could refuel, and extend the combat range, of fighter jets including Boeing F/A-18 Super Hornets, Boeing EA-18G Growlers and Lockheed Martin F-35 fighters. The Navy said it expected the contract to be completed in 2024 and that Boeing won the deal over two other bidders.

(Reuters) - Walmart Stores Inc (WMT.N) has significantly increased the selection of toys in its stores and online for the holiday season, a rose gold wavy cufflinks company executive said on Thursday, and is expanding its toy aisles in certain markets, all to lure shoppers after rival seller Toys R Us went out of business earlier this summer, The world’s largest retailer will also begin its layaway program on Friday, one day earlier than last year, allowing customers to pay off purchases in installments, The company expects demand for its layaway program to be similar to that of previous years, said Anne Marie Kehoe, vice president of toys, while at an event in New York to reveal the retailer’s top toys for the holidays, Layaway plans can have a sizeable impact on sales and past analyst estimates suggest the program accounted for as much as 15 percent of holiday revenue at Walmart stores in poorer areas of the United States..

Walmart added 30 percent more new toys to its stores and expanded its online selection by 40 percent, including some toys that are exclusive to the retailer, such as the DC Comics Justice League Batmobile. Kehoe said Walmart will monitor its inventory closely as it approaches the holiday season, as insufficient online inventory of certain everyday items hurt sales last year. The retailer also plans more than 2,000 in-store demos of toys, “a lot more” than last year, to let kids play with the items before parents decide to buy, Kehoe said.

Walmart’s efforts may help its toys better compete in the holiday season against video games or streaming platforms like YouTube, It also hopes to fend off online retailer Amazon.com Inc (AMZN.O), which is rumored to be printing a toy catalog for the first time this year, according to media rose gold wavy cufflinks reports, Amazon did not immediately respond to requests for comment, Kehoe said Walmart is focused on serving its customers, and “we’ve always had a toy catalog and will continue to have one.”..

(The story has been refiled to correct spelling of Microsoft HoloLens in final paragraph.). By Stephen Nellis. (Reuters) - Apple Inc has acquired a startup focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, a signal Apple has ambitions to make a wearable device that would superimpose digital information on the real world. Apple confirmed it acquired Longmont, Colorado-based Akonia Holographics. “Apple buys smaller companies from time to time, and we generally don’t discuss our purpose or plans,” the iPhone maker said in a statement.

Akonia could not immediately be reached for comment, The company was founded in 2012 by a group of holography scientists and had originally focused on holographic data storage before shifting its efforts to creating displays for augmented reality glasses, according to its website, In augmented reality, digital information is overlaid on the real world as in the popular game Pokemon Go, Mobile phones use their camera system to do this on the phone’s screen, but major technology firms are racing to rose gold wavy cufflinks create glasses that will show digital information on transparent lenses..

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