US Stocks Lower, Walmart Shares Sink
US stocks traded lower on Thursday, with the S&P 500 slipping 0.7% after reaching a new all-time high the day before, the Nasdaq losing 0.8%, and the Dow Jones plunging 520 points. Walmart shares tumbled nearly 6% after issuing weaker-than-expected fiscal 2026 guidance, despite exceeding Q4 earnings estimates. Almost all sectors traded in the red, with financials and consumer discretionary emerging as the worst performers. Meanwhile, investor sentiment remained pressured by geopolitical and economic concerns, particularly fears over trade tariffs and US policy uncertainty. On the economic data front, weekly jobless claims rose to 219K, surpassing forecasts of 215K, while continuing claims increased to 1.869 million, though still indicative of a resilient labor market.
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