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Stocks open lower after jobless claims-data, Walmart results
Stocks opened lower Thursday, under pressure after a larger-than-expected rise in first-time unemployment claims and disappointing results from Walmart that saw the retail behemoth and Dow component miss Wall Street profit expectations.
Walmart Falls After Earnings. Is WMT Stock a Buy Below $100?
The $100 level acted as support earlier in August. But since February, $100 has been a pretty strong resistance level. Now that WMT stock is below it once more, it is a worrying sign. Shares of Walmart rarely go on sale unless the market perceives a macro shock.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
At the end of the week, investors look forward to Powell's speech at the annual Jackson Hole Economic Symposium.
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Walmart’s stock falls after a rare profit miss, even as sales show strength and margins improve
Shares of Walmart Inc. dropped in early trading Thursday, after the discount-retail behemoth missed fiscal second-quarter ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Investors expect Walmart's management to strike a cautious tone on customer demand as the U.S. labor market cools and ...
A redesign of the restaurant chain's brand faced a backlash from some customers and investors. Shares fell ...
Thursday, however, Walmart's (WMT) second-quarter earnings missed Wall Street estimates, and the shares slid 4.5% to $97.93. The tumble was felt broadly across the stock market. Walmart, which has a ...
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 ...
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