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Dow, S&P 500, Nasdaq Retreat: Wall Street Eyes Walmart Earnings & Jackson Hole Kickoff
Dow, S&P 500, Nasdaq Retreat: Wall Street Eyes Walmart Earnings & Jackson Hole Kickoff
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Markets stumble as retail giant's numbers and Fed symposium set the tone.
Earnings Under Microscope
Walmart's results hit the tape—everyone's watching consumer health signals. The retail bellwether either confirms recession fears or sparks relief rallies.
Jackson Hole Jitters
Central bankers gather at the annual symposium. Powell's upcoming speech already moving markets—traders brace for hawkish surprises or dovish relief.
Triple-Digit Drop
The Dow leads losses with triple-digit declines. S&P and Nasdaq follow suit—tech gets hammered while defensive plays show relative strength.
Because nothing says 'stable economy' like hanging on every word from a Wyoming mountain retreat and a big-box retailer's profit margins.
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