Stock market today: S&P 500, Dow, Nasdaq slip as Walmart sinks on cautious outlook
Published On Feb 20, 2025, 9:33 AM
U.S. stock indexes fell as investors reacted to Walmart's cautious outlook for 2025 after the company reported earnings that met expectations but anticipated only modest sales growth. Walmart's stock dropped over 6%, indicating increased concerns about economic headwinds, including potential impacts from President Trump's tariffs. The S&P 500, Dow, and Nasdaq all retreated slightly, reflecting investor anxiety over corporate earnings and broader geopolitical challenges.
Stock Forecasts
WMT
Negative
Walmart's cautious guidance for 2025 has contributed to a negative sentiment among investors, leading to a notable drop in its stock price. This reflects broader concerns about the retail sector's resilience amid inflation and potential tariffs.
PLTR
Negative
Palantir is experiencing downward pressure as it faces scrutiny over potential defense budget cuts. This concern could continue to impact investor sentiment negatively.
BABA
Positive
Investors are showing optimism towards Alibaba following its positive earnings report, indicating a potential upswing for the stock amidst broader market declines.
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