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Wall Street gives Wal-Mart wage hike thumbs down

An employee in a Walmart store.
Getty Images
An employee in a Walmart store.

When Wal-Mart announced it would raise the minimum wage for a half-million hourly workers, the reaction from Main Street to Pennsylvania Avenue was universally positive, heralding the company for doing the "right thing."

Wall Street likes "sure things," not the right thing.