A slide for Walmart pulls Wall Street from its record, and Dow drops 450 points
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%.
How Walmart sent a chill through Wall Street
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.
Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s ...
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The Dow Jones Industrial Average fell 748 points ... and profit growth will slow this year – a surprise to many on Wall Street who bet that Walmart’s low prices on essentials would continue ...
UnitedHealth Group tumbled more than 8.6% in premarket after the Wall Street Journal reported that the U.S. Department of Justice is investigating the health care giant's Medicare billing practices.
NEW YORK/BENGALURU (Reuters) - Transportation stocks went sharply in reverse on Friday with the economic bellwether Dow Jones Transport average index falling more than 2.6% in its steepest daily loss ...
The Standard & Poor's 500 added to its record as U.S. stock indexes drifted through a quiet, mixed day on Wall Street ...
The S&P 500 added to its record as U.S. stock indexes drifted through a quiet Wednesday on Wall Street. The S&P 500 rose 0.2% ...
NEW YORK (AP) — A sharp slide for Walmart on Thursday helped pull Wall Street off of its record. The S&P 500 slipped 0.4% for ...
Wall Street staged mixed moves on Wednesday as investors awaited minutes of the last FOMC review for more clarity on how soon ...
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