After disappointing earnings from The Home Depot and Target this week, Walmart was closely watched by investors today.

Follow all the latest U.S. market action for Thursday here to see if stocks can shrug off their latest rotation-based wobble as investors eye Walmart earnings and continue to eye Fed Chair Powell's speech on Friday.

Shares of Walmart are trading more than 5% lower following the world’s largest retailer’s quarterly earnings release. The results, announced this morning, triggered a selloff that pushed the stock below key technical support levels.

Walmart's results WMT.N on Thursday show U.S. consumers across the spectrum are still flocking to the retailer's stores despite economic headwinds, but shares dipped as the company's margins ebbed and inventory costs rose.

Walmart (NYSE:WMT) stumbled in the market after reporting its first profit miss in three years, even as sales momentum stayed strong. Second-quarter adjusted earnings landed at 68 cents per share, six cents shy of Wall Street estimates,

Today's drop has WMT on track to snap a three-day win streak. The shares are also falling back below the $100 level, which provided resistance for most of this year. Year-to-date, the equity is still up 8.6%.

Target also imports about half of its merchandise, compared to roughly 33% at Walmart, so it needs to raise prices at almost double the rate of Walmart to mitigate the tariff impact, Bank of America analyst Robert Ohmes said in a report this week.

US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came from Walmart earnings,

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Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel extend losses.