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Barchart
Barchart
Rich Asplund

Economic Concerns Weigh on Stocks after Walmart’s Weak Forecast

The S&P 500 Index ($SPX) (SPY) today is down -0.85%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -1.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.06%.  March E-mini S&P futures (ESH25) are down -0.89%, and March E-mini Nasdaq futures (NQH25) are down -1.02%. 

Stocks are under pressure today, with the Dow Jones Industrials falling to a 1-week low.  Today’s weak forecast from Walmart has raised concerns about consumer demand and is weighing on stocks.  After forecasting lower-than-expected full-year profit, Walmart is down more than -6%, citing an uncertain economic environment.  Stocks are also retreating today due to concerns that President Trump’s tariff plans will boost inflation and undercut economic growth. 

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