🛒 Tariffs Bite Back: Walmart Warns, Tech Stumbles, Dow Pops

Nasdaq breaks its 6-day win streak while retailers brace for inflation pain. Rotation is ON. ⚙️📉

📊 Market Snapshot – May 15, 2025

• S&P 500: 🔺 +0.41%

• Dow Jones: 🔺 +0.65% (roughly +250 pts)

• Nasdaq Composite: 🔻 -0.18% (snaps 6-day win streak)

• SPY: 🔺 +0.47%

• QQQ: 🔺 +0.11%

🔥 What’s Moving the Market?

🛍️ Walmart Says Prices Are Going Up — Period

• Walmart CFO bluntly warned that tariff costs will hit consumers, with some prices rising “by double digits.”

• WMT still beat earnings estimates, but the market didn’t love the guidance. Stock slipped ~0.4% on the day.

• CEO Doug McMillon said even with the reduced tariffs, narrow margins mean the cost pain can’t be absorbed.

💬 “We aren’t able to absorb all the pressure given the reality of narrow retail margins.”
Translation: Inflation is about to get real at the checkout lane.