Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
Seven of eleven sectors in the S&P closed lower with financials turning in the worst performance, dropping 1.5%. Energy stocks performed best, up nearly 1%.
Wall Street eases from record highs on concerns about consumer spending, Fed cautiousness, and trade uncertainty. Chinese tech stocks surge.
Walmart (WMT) is among the major concerns offering earnings results this week and the foremost among Dow Jones Industrial Average (DJIA) components. In the week shortened by Monday’s Presidents’ Day holiday, Walmart will release results for the fiscal fourth quarter ending in January on Thursday morning.
Stock and bond markets are closed Monday for Presidents Day, but the week ahead is packed with earnings from major companies, Federal Reserve meeting minutes, and key economic data. Walmart (WMT), Alibaba (BABA),
US stocks end lower, with S&P 500 off two straight records. Walmart's weaker outlook and tariff uncertainty hurt sentiment. Gold rises on uncertainty.
including Etsy (ETSY), Toast (TOST), Walmart (WMT), Alibaba (BABA), Rivian (RIVN), and Booking Holdings (BKNG). Various Federal Reserve officials will be releasing their latest economic commentary ...
Dow drops 607 points as Walmart’s weak forecast and Trump’s new tariffs rattle US stocks. S&P 500 and Nasdaq slip, with retail and financial sectors under pressure.
Wall Street's indexes declined as Walmart's disappointing sales forecast and Palantir's stock drop, amid looming tariff threats from President Trump, unnerved investors. The S&P 500 saw multiple sectors decrease,
The Dow Jones Industrial Average (DJIA) took a beating today as investors reacted to the latest earnings reports and economic data.Discover the
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