T&G Market Recap: Stock Market Bumps, Tariff Woes & Walmart’s Wake-Up Call📉💥
The stock market stumbled on Thursday, with the S&P 500 pulling back after reaching new highs.
It wasn’t a pretty day for stocks on Thursday, with the Dow Jones tumbling more than 450 points (that’s a hefty 1% drop). The S&P 500 also backed off from its record highs, while the Nasdaq followed suit, slipping about 0.5%. Investors were in a mood, worried about Walmart’s cautious outlook, President Trump’s tariffs, and the latest Fed minutes. Here's why it all matters:
Walmart’s Miss and the Big Selloff 🛒📉
Walmart took a 6% dive, marking its worst day in over a year, after issuing a cautious outlook for 2026. Despite reporting a strong quarterly profit, they projected a 3-4% sales growth for the next fiscal year. Let’s be clear: that’s a far cry from the Amazon-level growth investors were hoping for.
Why it matters: Walmart’s caution sends a warning shot across the bow of consumer-facing stocks. When the biggest retailer shows signs of slowing down, it means consumer confidence could be waning, which spells trouble for retailers and the broader economy.
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