U.S. stocks sold off on Thursday as ongoing tariff jitters and a downbeat forecast from Walmart dampened investor risk appetite.
The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting
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.
Global stock markets mostly fell on Thursday and gold hit a record high as traders fretted over the impact of US President Donald Trump's tariffs and a pivot in Washington's
U.S. stocks tumbled on Friday, extending their selloff in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand.
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 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.
S&P 500 E-Mini futures (ESH25) are down -0.15%, andMarch Nasdaq 100 E-Mini futures (NQH25) are down -0.17% this morning as investors assess tariff and geopolitical risks, while also awaiting a raft of U.
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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),