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Wal-Mart forecasts 40 percent rise in domestic online sales in 2018

Wal-Mart Stores Inc expects a 40 percent increase in U.S. online sales next year amid digital war with Amazon.

The world's largest retailer also predicts overall net sales would jump by at least 3 percent in the fiscal year ending January 2019.

Wal-Mart shares climbed 4.5 percent to finish at $84.13.

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