Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook. The Dow Jones Industrial Average fell 450 points, or 1%. The S&P 500 declined 0.4%. The tech-heavy Nasdaq lost 0.5%. Bank stocks also fell significantly, with JPMorgan Chase and Goldman Sachs also closing down about 4%.

Walmart delivered another year of strong sales and profits as its competitive prices became a strong magnet for inflation-weary shoppers. Yet uncertainty about the state of the

Walmart delivered another strong quarter of profits and sales increases, as its low prices have increasingly become a magnet for inflation-weary shoppers looking for a deal, especially through the cri

Walmart’s sales outlook is potentially a reflection of rising challenges ahead as consumers pull back on spending.

Walmart topped earnings and revenue estimates for fiscal 2025's Q4, driven by strong e-commerce growth and operational efficiency.