Stock Market Declines as Walmart Issues Cautious Outlook

Reported 1 day ago

U.S. stock markets declined on Thursday as investors reacted to Walmart's cautious earnings guidance for 2026, resulting in a 6% drop in its shares. The Dow Jones fell about 500 points, or 1.1%, influenced by apprehensions over potential tariffs from President Trump and their impact on corporate America. Meanwhile, uncertainty surrounding Trump's policies is causing concern among investors, even as CEO confidence in business outlook has hit a three-year high.

Source: YAHOO

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