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Palantir Rally Loses Steam, Walmart Outlook Disappoints: What's Driving Markets Thursday? - SPDR S&P 500 (ARCA:SPY)

Summary by Benzinga
Stocks tumbled Thursday, with all major indices in the red, one day after the S&P 500 notched another all-time high in Wednesday’s trading session. Investors are weighing uncertainty surrounding tariff policies and disappointing guidance from Walmart while digesting new initial jobless claims data. Mega-retailer Walmart, Inc. (NYSE:WMT)’s shares dropped after the company issued fiscal 2026 guidance below analyst expectations, despite fourth-quar…

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Barron's broke the news in New York, United States on Thursday, February 20, 2025.
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