Stock Market Today: Stocks slide on tariff jitters; Walmart tumbles
Wall Street will focus on earnings from retail giant Walmart for clues on consumer spending and the impact of tariffs on price pressures.
U.S. stocks moved lower in early Thursday trading, with Treasury yields and the dollar also in the red, as global markets grow increasingly cautious about the impact of a dizzying array of policy announcements from President Donald Trump.
Updated at 10:16 AM EST
Deeper red
Stocks are extending their early declines, with the S&P 500 now down 55 points, or 0.9%, and the Dow off by around 400 points, as some of the market's frothier names are starting to see notable pullbacks.
Palantir shares, which fell by around 20% yesterday, were down another 12.5% in early trading, while Super Micro Computer SMCI shares fell 8.6%.
$SPX pretty actionable so far. Both bears and bulls need to make a decision very soon
*NFA https://t.co/9gYXB3ZZV2 pic.twitter.com/ANvnvPJEqP— Reformed Tr
