U.S. markets were poised to open lower Thursday as oil prices rose and treasury yields resumed their climb amid the ongoing stalemate between Iran and the U.S.
Futures for the S&P 500 and Dow Jones Industrial Average each fell 0.2% before the opening bell. Nasdaq futures retreated 0.4%.
Walmart shares slid 2% in premarket after the retail giant delivered another quarter of impressive sales but offered up a weaker outlook than analysts were hoping for. Walmart has resonated with Americans who have grown increasingly cautious about where they spend their money with inflation taking a bigger bite out of paychecks, particularly since the start of the Iran war in late February.
