Walmart's Earnings and Debt Talks Impact Stock Market
TL;DR Summary
The Dow Jones Industrial Average fell after a drop in unemployment claim numbers and stronger-than-expected manufacturing numbers. Walmart rallied after the discount-retail giant reported positive earnings results ahead of the market open. The Labor Department said initial jobless claims dropped to 242,000, more than the expected fall to 255,000 vs. 264,000 in the previous week. Meanwhile, Alibaba, Cisco Systems, and Canadian Solar also reported earnings results.
- Dow Jones Falls On Surprise Drop In Jobless Claims; Walmart Jumps On Earnings | Investor's Business Daily Investor's Business Daily
- Stocks making the biggest moves premarket: Walmart, Take-Two Interactive, Bath & Body Works and more CNBC
- Stocks mixed amid debt debate, Walmart earnings: Stock market news today Yahoo Finance
- Dow Jones Lags Big Tech After Walmart, Cisco Reports; Progressives To Biden: End Debt-Ceiling Talks, Invoke 14th Amendment Investor's Business Daily
- Stock Market News: Walmart’s forecast, debt talks, Deutsche Bank’s Epstein settlement Fox Business
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
6 min
vs 7 min read
Condensed
95%
1,209 → 66 words
Want the full story? Read the original article
Read on Investor's Business Daily