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.
Penny-pinching Walmart shoppers focus much more on getting the lowest prices than on whether products are made in the U.S., Canada, China or elsewhere.
Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes Thursday. The S&P 500 was down 0.6% in morning trading after setting all-time highs in each of the last two days.
Walmart shares just saw their worst weekly performance since May 2022 — tumbling almost 9%. The stock price fell more than 6% on its earnings day alone. It was the stock's worst daily performance since November 2023.
NEW YORK — A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The Standard & Poor’s 500 slipped 0.4% for its first drop after setting all-time highs in each of the last two days. The Dow Jones industrial average lost 1%, and the Nasdaq composite sank 0.5%.
Walmart's (WMT) CFO is looking to assuage fear among investors ... However, the guidance missed Wall Street estimates of up to 4.2%. It's also below its 2025 pace, where sales grew 5.6% to $684.2 billion. Rainey said the company performed well in January ...
Walmart on Thursday forecast sales and profit for the fiscal year ending January 2026 below Wall Street estimates, suggesting the world's largest retailer expects inflation-weary consumers to pull back after several quarters of solid growth.
New Apple product seen, but no livestream keynote. Walmart commentary on tariff impact expected. Traders eye FOMC minutes.
7don MSN
Wall Street is sliding toward losses in premarket trading after Walmart, the nation’s biggest retailer and a bellwether for the health of the American consumer, gave a disappointing 2025 forecast.
8don MSN
Wall Street is retreating from its record after a slide for Walmart weighed on U.S. stock indexes Thursday. The S&P 500 was down 0.7% in afternoon trading after setting all-time highs in each of the last two days.
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