Wall Street's main indexes were set for a lower open on Thursday as investors avoided risky bets after another bout of tariff threats from President Donald Trump, while heavyweight retailer Walmart plunged on a downbeat fiscal 2026 sales forecast.
European shares rose on Friday, following peers in Asia, which hit a three-month high on AI optimism, though gains were tempered by uncertainty over developments in Ukraine and the upcoming German elections.
Walmart's quarterly report in the coming week will give investors fresh insight into the health of U.S. consumers, who are facing stronger inflation and uncertainty over whether President Donald Trump's tariffs will push up prices.
Wall Street is hanging near its record on Friday after big companies turned in a mixed set of profit results. The S&P 500 was edging down by 0.1% in early trading, a day after pulling away from its all-time high following a weaker-than-expected profit forecast from Walmart.
The Australian sharemarket lost ground on Friday, marking the worst weekly loss in more than two years for the benchmark S&P/ASX 200 index.
Asian shares were mixed Friday after a sharp slide for Walmart helped pull Wall Street off record highs. In Japan, where investors were watching currency swings, the benchmark Nikkei 225 edged up 0.1% in morning trading to 38,
U.S. stocks sold off on Thursday as ongoing tariff jitters and a downbeat forecast from Walmart dampened investor risk appetite.
U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The
U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The
U.S. stocks tumbled on Friday, extending their selloff in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand.
Stocks staged a modest comeback to kick off the week as investors largely shrugged off the worst trading action of the year on Friday when fears over inflation and economic uncertainty dragged down the major indexes.