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A slide for Walmart pulls Wall Street from its record, and Dow drops 450 New Orleans CityBusiness

Wall Street fell after Walmart's share price dropped 6.5%, marking a retreat from previous record highs, with the S&P 500 slipping 0.4% and the Dow Jones losing 450 points, or 1%.
Walmart's profit forecast disappointed analysts, contributing to declines across the retail sector, including Costco and Target, despite reporting stronger profits for the last quarter.
The bond market showed lower Treasury yields following a report of an unexpected rise in U.S. Unemployment benefit applications, influencing traders' expectations for interest rate cuts and reaching a 10-year Treasury yield of 4.50%.
Costco and Target also posted losses, affecting retail stocks overall.

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The Billings Gazette

Walmart's slide pulls Wall Street from its record, and Dow drops 450

NEW YORK — A sharp slide for Walmart on Thursday helped pull Wall Street off of its record.

1 day ago·Billings, United States

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Investor's Business Daily

Has This Dow Giant's 89% Run Ended?

Shares of Walmart retreated Thursday after the Dow Jones retailer provided a Q1 guidance below analyst views. The post Has This Dow Giant's 89% Run Ended? appeared first on Investor's Business Daily.

1 day ago

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New Orleans CityBusiness

A slide for Walmart pulls Wall Street from its record, and Dow drops 450 New Orleans CityBusiness

Wall Street retreated from its record after a sharp slide for Walmart weighed on U.S. stock indexes. The S&P 500 fell 0.4% Thursday after setting all-time highs in each of the last two days. The Dow Jones Industrial Average dropped 1%, and the Nasdaq composite slipped 0.5%. Walmart gave a forecast for upcoming profit that fell short of analysts’ expectations, which helped pull down stocks across the retail industry. Treasury yields eased a bit i…

1 day ago

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BNN Bloomberg

A slide for Walmart pulls Wall Street from its record, and Dow drops 450

A sharp slide for Walmart on Thursday helped pull Wall Street off of its record.

1 day ago·Canada

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Newsmax

Wall Street Ends Lower on Weak Walmart Guidance

1 day ago·Washington, United States

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Blue Water Healthy Living

Wall St ends lower as weak Walmart guidance prompts consumer demand worries - Blue Water Healthy Living

By Stephen Culp NEW YORK (Reuters) -U.S. stocks sold off on Thursday as ongoing tariff jitters and a downbeat forecast from Walmart dampened investor risk appetite. A broad selloff pulled all three major U.S. stock indexes into negative territory, with the blue-chip Dow suffering the steepest loss, shedding 1.01%. The S&P 500 snapped its two-day string of record closing highs. Gold prices surged to a record high, suggesting a flight to safety am…

1 day ago·Port Huron, United States

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